Nordstrom family to take retailer private in $6.25B deal
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Nordstrom, Inc. is set to be taken private by its founding family and El Puerto de Liverpool in a $6.25 billion all-cash deal, offering a 42% premium to shareholders. This move follows speculation about a potential acquisition.
December 23, 2024 | 4:00 pm
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Nordstrom, Inc. will be acquired by its founding family and El Puerto de Liverpool for $6.25 billion, offering a 42% premium to shareholders.
The acquisition of Nordstrom by its founding family and El Puerto de Liverpool at a 42% premium is likely to positively impact the stock price in the short term as it offers a significant premium to current shareholders.
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