M - Nordstrom Considers Go-Private Proposal Amid Retail Sector Struggles | Benzinga
Nordstrom Inc (NYSE:JWN) said its Board of Directors had formed a special committee of independent directors to explore a range of strategic, financial and operational alternatives.
The move comes after CEO Erik Nordstrom and President Pete Nordstrom notified the Board of their interest in pursuing a potential transaction to take the company private.
The special committee will carefully evaluate any proposal from Erik and Pete Nordstrom and any proposals from other parties to see if they are in the best interests of Nordstrom and all ...