Johnson Fistel Investigates Proposed Sale of Nordstrom: Is $24.25 a Fair Price?
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Johnson Fistel, LLP is investigating whether Nordstrom's board breached fiduciary duties in the proposed sale to the Nordstrom family and El Puerto de Liverpool.
January 16, 2025 | 4:00 pm
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NEGATIVE IMPACT
Johnson Fistel is investigating potential breaches of fiduciary duties by Nordstrom's board in the proposed sale to the Nordstrom family and El Puerto de Liverpool.
The investigation by Johnson Fistel could lead to legal challenges or delays in the proposed sale, potentially affecting investor confidence and the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100