© Reuters. FILE PHOTO: A Nordstrom store is pictured in New York, U.S., March 1, 2021. REUTERS/Brendan McDermid
(Reuters) – Luxury department store chain Nordstrom Inc (NYSE:) said on Tuesday it has adopted a limited duration shareholder rights plan, effective immediately.
The company said the rights plan has not been adopted in response to any specific takeover bid and is not intended to deter buyout offers.
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