Yes, it is true. Navy Acquisition Co.
Inc. (Acquisition Sub) is indeed a subsidiary of Norse Holdings, Inc.
The acquisition of Nordstrom, Inc. by Norse Holdings was structured such that Acquisition Sub merged into Nordstrom, making Nordstrom a wholly owned subsidiary of Norse Holdings. Therefore, Norse Holdings is the ultimate owner of Navy Acquisition Co. Inc.
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What does this mean?
I thought Nordstrom and Liverpool Mexico are the owners.