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Nordstrom Says It Will Evaluate if Family Should Take Company Private

Nordstrom Says It Will Evaluate if Family Should Take Company Private

Nordstrom board of directors is forming a special committee to explore whether the company should be taken private by members of the Nordstrom family, the retailer said. Earlier this year, reports emerged that members of the Nordstrom family were considering taking the company private. The committee was formed in response to the Nordstroms’ proposal, the company said Thursday.