TITLE

Nordstrom Acquires HauteLook

AUTHOR(S)
Cody, Tamika
PUB. DATE
February 2011
SOURCE
Mergers & Acquisitions Report;2/28/2011, Vol. 24 Issue 9, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on Nordstrom's acquisition of Insight Ventures' online private sale business HauteLook, for 270 million U.S. dollars in stock. The deal will comprise of 180 million U.S. dollars of stock and 90 million U.S. dollars from a three-year-earn-out based on the company's performance. The transaction is scheduled for completion within the first quarter of 2011.
ACCESSION #
59152535

 

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