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Nordstrom take private falters: New York Post

The Nordstrom family is struggling to cobble together financing for its take private of the retailer, the New York Post is reporting. The family may not be able to close the deal, the story said. The surprise bankruptcy of Toys ‘R’ Us in September added to lenders’s and the family’s anxiety, the NY Post said. The Nordstrom family last month reached a deal with Leonard Green & Partners to support the buyout.