The Traderszone Network

Published in TZ Latest News 2 October, 2017 by The TZ Newswire Staff

Nordstrom’s $10B privatization plan hits roadblock

A $10 billion deal to take retailer Nordstrom private is in danger, thanks in part to the recent Toys R Us bankruptcy. The Nordstrom family, which owns 31 percent of the company’s shares, reached an agreement last month to buy the remaining shares with the help of private equity firm Leonard Green & Partners. But Green’s $1 billion investment was contingent on getting bank financing, which is hard to come by amid reports of a […]

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