> Nordstrom Inc. is going private in an all-cash transaction valued at about $6.25 billion in a bet by the founding family that the department-store company will be more successful without the scrutiny and demands of the public market.
> As part of the transaction, the family will acquire all of the outstanding common shares of Nordstrom not already beneficially owned by the Nordstrom Family and Mexican department store chain El Puerto de Liverpool SAB.
> Under the terms of the agreement, Nordstrom common shareholders will receive $24.25 in cash for each share of Nordstrom common stock they hold. The Nordstrom Family will have a majority ownership stake in the company.