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Nordstrom is being taken private by its family owners and a Mexican retail group for $6.25 billion.
Nordstrom, a longtime American department store, is being acquired by the Nordstrom family and Mexican retail group El Puerto de Liverpool for $6.25 billion.
Shareholders will receive $24.25 per share in cash, representing a 42% premium.
The acquisition, expected to complete in the first half of 2025, will make Nordstrom a private company with the Nordstrom family owning a majority stake.
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Nordstrom está siendo tomado como privado por sus dueños familiares y un grupo minorista mexicano por $6.25 mil millones.