Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal

Nordstrom go private for $6.25 billion with help of Mexican company

Clothing retail giant Nordstrom announced on Monday that it is going private in a $6.25 billion deal involving the founding family members of the company and Mexican department store El Puerto de Liverpool...

Nordstrom To Become a Private Company After $6.25B Private Equity Deal - RetailWire

Nordstrom is no longer in the hands of the founders.

Nordstrom family, investor to take retail chain private

The business will be acquired by members of the family and El Puerto de Liverpool, a Mexican real estate company

Nordstrom to be taken private in $6.25 billion deal from founding family and Mexican retail group

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by discount chains and other competition. Public companies are under a lot more scrutiny and if private, the Nordstrom may have more leeway in reviving a department store chain that has been attempting to reinvigorate sales for years. Nordstrom sharehold…

7 Analysts Have This To Say About Nordstrom - Nordstrom (NYSE:JWN)

Nordstrom Family Takes Department Store Chain Private in $6.25 Billion Deal

Members of the Nordstrom family are taking its namesake department store chain private with Mexican retailer El Puerto de Liverpool, in a deal announced Monday that values the company at $6.25 billion.