Wednesday, September 13, 2017

Nordstrom family nears deal with Leonard Green in bid to take department store private

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Nordstrom family members are close to choosing private equity firm Leonard Green & Partners to help fund a buyout of the eponymous department store, people familiar with the matter said Tuesday.

Leonard Green would provide the Nordstrom family members with roughly $1 billion in equity to help fund the deal, the sources said.. . . more

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