March 20, 2018 / 10:07 PM / 3 months ago

BRIEF-Nordstrom Special Committee Terminates Discussions With Nordstrom Family Group On Potential Going Private Deal

March 20 (Reuters) - Nordstrom Inc:

* SPECIAL COMMITTEE OF NORDSTROM BOARD TERMINATES DISCUSSIONS WITH NORDSTROM FAMILY GROUP REGARDING POTENTIAL GOING PRIVATE TRANSACTION

* SPECIAL COMMITTEE TERMINATED DISCUSSIONS BECAUSE IT COULD NOT REACH AGREEMENT WITH GROUP ON ACCEPTABLE PRICE FOR CO

* SPECIAL COMMITTEE BELIEVES CO WELL POSITIONED TO “CAPITALIZE ON FUTURE OPPORTUNITIES TO GAIN MARKET SHARE” THROUGH CUSTOMER STRATEGY Source text for Eikon: Further company coverage:

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