JWN Stock Alert: Nordstrom Family Enters New Bid to Take Retailer Private
JWNNordstrom(JWN) InvestorPlace·2024-03-19 23:17

Nordstrom (NYSE:JWN) stock is in the news Tuesday as reports claim that the company’s founding family is seeking to take it private.According to these reports, the founding family of the fashion retailer is seeking aid from Morgan Stanley and Centerview Partners in this effort. This has it requesting them to contract private investment firms that may be willing to assist in taking Nordstrom private.It’s worth noting that this isn’t the first time that the family behid Nordstrom has tried to take it private. ...