Nordstrom’s founding family has submitted a bid to take the department store chain private at $23 per share in cash for the remaining stake they don’t already own, according to a recent filing. The company previously acknowledged the family’s interest in April and formed a special committee of independent directors to evaluate the proposal. In 2018, a bid worth $8.4 billion was rejected by the board for being too small. The family currently holds approximately a third of the company's shares.
