June 8, 2017 / 1:16 PM / 4 months ago

Nordstrom family exploring deal to take retailer private

June 8 (Reuters) - Department store operator Nordstrom Inc said on Thursday that some members of the controlling Nordstrom family have formed a group to consider taking the company private.

Shares of the company, which had a market value of $6.72 billion as of Wednesday closing, rose 16.5 percent in premarket trading.

The company, however, said the group had not made a formal proposal yet regarding such a transaction. (Reporting by Gayathree Ganesan in Bengaluru; Editing by Saumyadeb Chakrabarty)

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