Deals
19 March 2024, 5:17 pm 1 minute
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.Ā Ā Ā
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