Nordstrom’s founding family offers to buy the chain for $23 per share

The latest offer, made along with a Mexico-based retailer, is a sharp drop from the $50 per share bid from Nordstrom’s founding family in 2018.

Nordstrom‘s founding family has offered to take the department store chain private for $23 a share, teaming up with a Mexico-based retailer in its latest bid, a filing showed on Wednesday.