Nordstrom (JWN) entered a merger agreement on December 23, 2024, to be taken private by its founding family and Mexican retailer El Puerto de Liverpool in a deal valued at about $6.25 billion.
As per the agreement, Nordstrom common shareholders will receive $24.25 in cash for each share of Nordstrom common stock they hold, representing a discount of 1.14% from the stock’s last close.