Nordstrom Family Makes Big Move: Plans to Take Company Private in $6.25 Billion Deal

In a significant shift for the well-known luxury retailer, the Nordstrom family has announced an agreement to take Nordstrom Inc. private through a deal valued at $6.25 billion. This decision reflects the family's long-standing connection to the company, which they co-founded more than a century ago, and marks a pivotal moment in the retailer's history.

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