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Will Nordstrom acquisition by family and Liverpool be completed by June 30, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official press releases from Nordstrom or El Puerto de Liverpool, or major financial news outlets
Story
Nordstrom to Be Acquired by Family and Liverpool for $6.25B in All-Cash Deal, $24.25 Per Share, 42% Premium
Dec 23, 2024, 01:45 PM
Nordstrom Inc. has announced it will be acquired by the Nordstrom family and the Mexican retail group El Puerto de Liverpool in an all-cash transaction valued at $6.25 billion. Shareholders will receive $24.25 per share, representing a 42% premium. The deal aims to take the retailer private, with the Nordstrom family expressing that the company will be more successful without the scrutiny of public markets. This acquisition follows a broader trend in the retail sector, as companies seek to streamline operations and focus on long-term growth strategies.
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Buyout completed at $23 per share • 25%
Buyout completed at a different price • 25%
Buyout proposal withdrawn • 25%
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Anne E. Gittinger supports the buyout • 25%
Anne E. Gittinger opposes the buyout • 25%
Other major stakeholder supports the buyout • 25%
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Deal completed as planned • 25%
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