Nordstrom family suspends attempt to take retailer private Reuters via St. Louis Post-Dispatch
Oct. 16, 2017
Nordstrom Inc said on Monday its founding family had suspended attempts to take the upscale retailer private for the rest of the year due to difficulties in arranging funds for the deal ahead of the holiday season. ...
Nordstrom said in June that the family group, which owns 31.2 percent of the storied retailer, was looking to take the company private as it struggled to compete amid an industry-wide slowdown. ...
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