By  on March 22, 2018

Wall Street is taking a wait-and-see approach to Nordstrom Inc.

Shares of the department store fell 3.3 percent to $47.70 Wednesday after a special committee of the board ended buyout talks with the Nordstrom family. The Nordstroms offered to acquire the company for $50 a share and then, according to a source close to the situation, upped their offer only to ultimately fall short.

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