Nordstrom ($JWN) is reportedly working with Morgan Stanley to explore going private, with shares rising approximately 10%. Various sources and chatter indicate interest in privatization, potential sales, and buyer inquiries from companies like Macy's ($M), Kohl's ($KSS), and Gildan Activewear ($GIL). Goldman Sachs also comments on the possible privatization deal.
RECAP 3/20 Chatter (2/2) $TKO + Settles UFC suit $MGM + Ohio & Mass. Casino Sales $MODG - Not aware of sale discussions $JRVR + Global Indemnity (Mar 15 re-hash) Live Breaking trading news https://t.co/yChRCoaR8v
RECAP 3/20 Chatter (1/2) $ROK - Guidance $EQIX - No EUR Bond offering $RCM + Sale process $NKE - Sales drop $TFFP - Offering Live Breaking trading news https://t.co/yChRCoaR8v
Goldman Sachs weighs in on potential Nordstrom $JWN privatization deal https://t.co/3JLVXMBbqv https://t.co/yvdC9iEoQt