Nordstrom Family and Liverpool Agree to Take Nordstrom Private
1617, 6th Avenue, Central Business District, Belltown, Seattle, King County, Washington, 98101, United States
Nordstrom
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins82% CONFIDENCEOverall confidence: 82%How well the pin's source and references back up its dates.Weighted average of how firmly 2 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterNordstrom's own 8-K states "On December 22, 2024, Nordstrom, Inc. ... entered into an Agreement and Plan of Merger" with Norse Holdings (later Nordstrom Holdings) and its acquisition subsidiary; the deal was publicly announced the next morning, which is the date most press coverage uses.[1]
Nordstrom's board agreed to sell the retailer to the founding Nordstrom family and Mexican department-store group El Puerto de Liverpool for $24.25 a share in cash, a $6.25 billion deal that would return the 124-year-old chain to family control with the family holding 50.1% and Liverpool 49.9%.
$6.3B
1.00