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Stock impact report

The Nordstrom Family and El Puerto de Liverpool Near a Deal to Buy Nordstrom Inc. [Yahoo! Finance]

Nordstrom, Inc. (JWN) 
Last nordstrom, inc. earnings: 3/3 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.nordstrom.com
Company Research Source: Yahoo! Finance
Sources said the Nordstrom family and El Puerto de Liverpool are close to signing a deal to buy Nordstrom Inc. and that an agreement could come together as early as this week. More from WWD How Department Stores Tried to Reverse Market Share Losses in 2024 Weighing Nordstrom's Chances of Going Private A Larger-than-life Holiday Adventure Is Taking Over Nordstrom's NYC Store If not, it's understood that the process is being nudged toward a conclusion this year. Nordstrom did not immediately respond to a WWD request for comment late Wednesday. The family and the Mexican retailer offered to buy Nordstrom for $23 a share, or $3.8 billion, in September — seven years after the Nordstroms tried to buy the company at $50 a share and were rejected. It's not clear just how the latest offer has evolved in negotiations with a special committee of the company's board. But the initial bid revealed this fall was financed by rollover equity and cash commitments from the family and Li Show less Read more
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