Nordstrom’s founding family in new bid to take U.S. retailer private | Reuters News Agency

Nordstrom’s founding family in new bid to take U.S. retailer private | Reuters News Agency


Deals

Reuters exclusively reported that the founding family behind Nordstrom Inc is seeking to take the U.S. department store operator private, six years after a similar attempt proved unsuccessful.

Market Impact

Nordstrom shares rose 12% to $19.22 on the news, giving the company a market value of $3.2 billion  

Article Tags

Topics of Interest: Deals

Type: Reuters Best

Sectors: Business & Finance

Regions: Americas

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

Translate »
Scroll to Top
Donald Trump Could Be Bitcoin’s Biggest Price Booster: Experts USWNT’s Olympic Final Standard Warren Buffett and Berkshire Hathaway Annual Meeting Highlights What to see in New York City galleries in May Delhi • Bomb threat • National Capital Region • School