Oct
16

Nordstrom Suspends Buyout After Struggling to Get Financing

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  • Announcement sends shares of department-store chain tumbling
  • A review of options will continue after the holiday period

Nordstrom Inc. is suspending efforts to take the company private after struggling to get financing with favorable terms, another sign that the department-store industry has lost favor with both customers and investors…

Nordstrom Suspends Buyout After Struggling to Get Financing

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Categories : Finance

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