Nordstrom to go private in $6.25 billion deal with Nordstrom family and a Mexican retail group

Century-old division retailer Nordstrom has agreed to be acquired and brought non-public by Nordstrom members of the family and a Mexican retail group in a $6.25 billion deal that comes as malls are going through strain from low cost chains and different competitors. Nordstrom shareholders will obtain $24.25 in money for every share of Nordstrom…

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Trump-backed spending deal fails in House, shutdown approaches By Reuters

By Bo Erickson, Richard Cowan, Andy Sullivan and Katharine Jackson WASHINGTON (Reuters) -A spending invoice backed by Donald Trump failed within the U.S. Home of Representatives on Thursday as dozens of Republicans defied the president-elect, leaving Congress with no clear plan to avert a fast-approaching authorities shutdown that might disrupt Christmas journey. The vote laid…

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