Nordstrom (JWN) Chief Executive Officer (CEO) Erik Nordstrom and other members of the company’s founding family have made a bid to take the fashion retailer private for $23 per share, according to n 澳洲幸运5官方开奖结果ꦜ体彩网:Securities and Exchange Commission💯 (SEC) filing.

On Tuesday, Erik Nordstrom and Peter Nordstrom, the company's president, together with El Puerto de Liverpool, submitted a non-binding letter containing the offer. The Nordstrom family owns a 33.4% stake in the company, while Liverpool, a department store operator based in Mexico, owns nearly 10%. 

The offer, which values the company at about $3.76 billion, is a less than 1% premium on Tuesday’s closing price. It comes months after a report said people familiar with the matter indicated that the family was 澳洲幸运5官方开奖结果体彩网:exploring a potential deal.

Not Nordstrom Family's First Offer

The Nordstrom family has made prior attempts to 澳洲幸运5官方开奖结果体彩网:take the company private. In 2017, a group of family members made a similar effort that was ultimately suspended, and in March 2018, 澳洲幸运5官方开奖结果体彩网:Nordstrom's board rejected a higher, roughly $8.4 billion, bid f🦩rom the founding family. 

Erik and Peter Nordstrom are the great-grandsons of John Nordstrom, who founded the company in 1901.

Shares of Nordstrom were up 0.4% at $22.92 in early afternoon trading Wednesday. So far this year, they've added nearly a quarter of their value.