The Traderszone Network

Published in TZ Latest News 23 June, 2017 by The TZ Newswire Staff

Can the Nordstrom Family Afford to Take the Company Private?

The Nordstrom family owns 31% of the upscale department store chain. Earlier this month, Nordstrom (NYSE: JWN) announced that the founding family is exploring options to buy the rest of the company’s stock.

In this segment from Industry Focus: Consumer Goods, the team discusses how the family would try to finance and execute such a deal. A private equity firm might chip in $1 to $2 billion in equity, but the company would still have to take on billions in debt in any buyout scenario.

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