Tag: Family Business

Nordstrom Family Proposes to Take Department Store Private for $3.8 Billion

In a significant development for the retail sector, the Nordstrom family has made a bold proposal to buy the Nordstrom department store chain for $3.8 billion, suggesting a price of $23 per share in cash. This move aims to transition the well-known company from a publicly traded entity to a private one, underscoring a strong […]

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