financetom
Business
financetom
/
Business
/
Nordstrom Family Offers to Buy Company for $23 Per Share in Go-Private Deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nordstrom Family Offers to Buy Company for $23 Per Share in Go-Private Deal
Sep 6, 2024 12:13 PM

08:31 AM EDT, 09/04/2024 (MT Newswires) -- A group consisting of members of the Nordstrom ( JWN ) family and Mexican retailer El Puerto de Liverpool on Tuesday delivered a non-binding letter to Nordstrom ( JWN ) offering to buy the company and take it private for $23 per share in cash.

Nordstrom ( JWN ) did not immediately reply to a request for comment from MT Newswires.

Price: 22.50, Change: -0.32, Percent Change: -1.40

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Spectra7 Microsystems Raising Up to C$10.2 Million in First Tranche of Private Placement
Update: Spectra7 Microsystems Raising Up to C$10.2 Million in First Tranche of Private Placement
May 6, 2024
12:18 PM EDT, 05/06/2024 (MT Newswires) -- Spectra7 Microsystems ( SPVNF ) said Monday it is raising up to $10.2 million in the first tranche of a private placement, with closing expected about May 8. The analog semiconductor company said it may complete subsequent tranches of the private placement to increase the proceeds to up to C$24 million. Spectra7 plans...
Top Midday Stories: Tyson Shares Tumble on Earnings Miss; Robinhood Receives Wells Notice From SEC Staff; Spirit Airlines to Furlough up to 260 Pilots; Shell in Talks to Sell Malaysian Gas Station Bus
Top Midday Stories: Tyson Shares Tumble on Earnings Miss; Robinhood Receives Wells Notice From SEC Staff; Spirit Airlines to Furlough up to 260 Pilots; Shell in Talks to Sell Malaysian Gas Station Bus
May 6, 2024
12:03 PM EDT, 05/06/2024 (MT Newswires) -- All three major Wall Street indexes were up in late-morning trading after Friday's jobs report raised hopes of potential Federal Reserve rate cuts this year. In company news, BioNTech (BNTX) reported a Q1 loss Monday of 1.31 euros ($1.41) per diluted share, swinging from EPS of 2.05 the prior-year period. Analysts polled by...
Grifols Shares Rise as Haier Deal Set to Close in June
Grifols Shares Rise as Haier Deal Set to Close in June
May 6, 2024
12:18 PM EDT, 05/06/2024 (MT Newswires) -- Grifols ( GRFS ) shares were up 7.3% in midday Monday trading after the company said its previously announced sale of a 20% stake in Shanghai RAAS to Haier is being finalized to close in June. The companies have completed local and overseas regulatory procedures for the all-cash deal valued at 12.5 billion...
Update: Market Chatter: Bank of America, BNP Set to Win Lead Roles on Sanofi's Consumer-Healthcare Spin Off
Update: Market Chatter: Bank of America, BNP Set to Win Lead Roles on Sanofi's Consumer-Healthcare Spin Off
May 6, 2024
12:17 PM EDT, 05/06/2024 (MT Newswires) -- (Updates with additional information) Bank of America ( BAC ) and BNP Paribas are expected to become lead advisers in Sanofi's ( SNY ) separation of its consumer-health business, Bloomberg reported Monday, citing people familiar with the matter. Sanofi ( SNY ) is planning to hire two banks and may consider adding up...
Copyright 2023-2026 - www.financetom.com All Rights Reserved