Nordstrom’s founding family renews bid to take U.S. retailer private


Reuters exclusive report 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

After the news broke, Nordstrom shares rose 12% to $19.22. The company has a market value of US$3.2 billion. A A A

Article tags

Topics of interest: trade

type: Reuters Best

department: Business and Finance

area: America

Winning type: exclusivity

Story type: exclusive/exclusive report

media type: text

Customer Impact: important national stories

Source link

See also  Idaho airport hangar collapses, killing 3 and injuring 9: NPR

By Ali Raza

I am a dedicated and skilled News Content Writer with a passion for delivering accurate and engaging stories to a diverse audience. With a solid background in journalism and a keen eye for detail, I bring a commitment to excellence and a deep understanding of the evolving media landscape.

Leave a Reply

Your email address will not be published.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