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Nordstrom's founders are offering $3.8 billion in cash to take it private

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Nordstrom really wants to go private (again). The department store said on Wednesday that a special committee of its board confirmed a $3.8 billion buyout proposal from founders Erik and Peter Nordstrom, alongside Mexican retailer El Puerto de Liverpool, to buy all outstanding shares of the company for $23, a court filing revealed. Suggested Reading Nvidia's stock plunge reportedly cost CEO Jensen Huang $9.8 billion in a day Former OpenAI chief scientist's startup raises $1 billion Bitcoin

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Nordstrom's founders are offering $3.8 billion in cash to take it private https://qz.com/ - 04.09.2024 18:56
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