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Nordstrom to Go Private in \$4 Billion Deal
Nordstrom, facing declining sales and increased competition, will be acquired by its founding family and Mexican retailer Liverpool for nearly \$4 billion in cash, marking its exit from public markets after 54 years; the deal is expected to close in the first half of 2025.
Nordstrom to Go Private in \$4 Billion Deal
Nordstrom, facing declining sales and increased competition, will be acquired by its founding family and Mexican retailer Liverpool for nearly \$4 billion in cash, marking its exit from public markets after 54 years; the deal is expected to close in the first half of 2025.
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