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Nordstrom Moves To Thwart Takeover Bids After Mexican Retailer Reveals Stake

Seattle Department Store Chain Adopts So-Called Poison Pill Plan
Nordstrom’s flagship store in Seattle became a landmark for the city. The company on Tuesday announced it had adopted a so-called poison pill rule to fend off an outside takeover. (CoStar)
Nordstrom’s flagship store in Seattle became a landmark for the city. The company on Tuesday announced it had adopted a so-called poison pill rule to fend off an outside takeover. (CoStar)
CoStar News
September 21, 2022 | 8:02 P.M.

Department store chain Nordstrom has adopted an anti-buyout strategy often called a poison pill after a Mexican retail company revealed it had taken a large stake, raising the specter of a takeover.

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