Nordstrom confirms it’s looking to go private, with founding family interested in deal

Nordstrom confirms it’s looking to go private, with founding family interested in deal
By: market watch Posted On: April 18, 2024 View: 15

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Nordstrom Inc. has formed a special committee of independent directors to explore going private, the company said on Thursday — a move that arrives as clothing retailers struggle with subdued demand and pressure from investors for stronger profits.

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