Johnson Fistel Investigates Proposed Sale of Nordstrom: Is $24.25 a Fair Price?
GlobeNewswire·2025-01-16 15:48
SAN DIEGO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Nordstrom, Inc. (NYSE: JWN) breached their fiduciary duties in connection with the proposed sale of the Company to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the “Nordstrom Family”) and El Puerto de Liverpool, S.A.B. de C.V. Under the proposed acquisition agreement, Nordstrom shareholders would receive $24.25 pe ...