Thursday, August 31, 2017

Nordstrom warns shareholders of the risks of going private

Image result for nordstromNordstrom kept quiet about the possibility of the family taking its namesake company private when reporting its last financial results, but company executives are warning of the potential risks in the latest documents filed with the Securities and Exchange Commission.

"The exploration of a possible 'going private transaction' by the Nordstrom family could impact our relationships with our customers, employees, suppliers and partners, operating results and business," the company wrote in its quarterly filing with the SEC.. . . more

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