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The deal will take Nordstrom private, with the Nordstrom family holding a majority ownership stake. Nordstrom shareholders will receive $24.25 in cash for each share of common stock they own ...

Image of Nordstrom store in Downtown Seattle. (Photo: KOMO News) TOPICS: SEATTLE — Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members ...

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store ...

Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, or about $4 billion in all, representing a 42% premium on the company's stock as of March 18, when ...

SEATTLE -- Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being ...

Seattle’s Nordstrom family is poised to take control of its namesake company again next year, as its fourth generation attempts to invigorate the family business away from market pressures.

Nordstrom, the upscale department store chain, is going private in a $6.25 billion deal with its founding family. The retailer announced Monday that the family — Erik, Pete and Jamie Nordstrom ...