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Nordstrom's Spurned $8.4 Billion Bid Sends Family Scrambling

2018-03-06 18:26:13| National Real Estate Investor

After the companys founding family put together an offer of about $50 a share in cash, Nordstroms independent directors spurned the deal on Monday, saying the price was too low.

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Nordstrom rejects family takeover bid

2018-03-06 11:56:00| Daily apparel & textile news and comment - from just-style.com

The special committee of the upscale US fashion retailer Nordstrom has rejected a proposal by the firm's founding family group to purchase all of the outstanding shares of common stock of the company, branding it "inadequate".

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Broadcom Qualcomm bid in US security probe

2018-03-06 07:53:54| BBC News | Business | UK Edition

A tie up with Broadcom would create the world's third-largest chipmaker behind Intel and Samsung.

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Melrose bid could impact GKN pensions, warns regulator

2018-03-06 01:02:19| BBC News | Business | UK Edition

The Pensions Regulator raises concerns over GKN's ability to fund its pensions following a takeover.

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Prezzo to close 94 restaurants in rescue bid

2018-03-02 13:39:13| BBC News | Business | UK Edition

The Italian restaurant chain is the latest firm to close stores as it tries to rescue the business.

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