Nordstrom to Go Private in $6.25 Billion Deal

By Austin Alonzo American luxury department store chain Nordstrom will be taken private in a $6.25 billion deal, according to a company announcement. On Dec. 23, Seattle-based Nordstrom announced it signed a definitive agreement with members of the Nordstrom family and Mexican company El Puerto de Liverpool, S.A.B. de C.V. to purchase all of the outstanding common shares of Nordstrom…

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