Nordstrom Inc. has accepted a bid valued at $6.25 billion from the Nordstrom family and Mexican retailer El Puerto de Liverpool to take the company private.

As part of the deal, the Nordstrom family will have majority ownership in the company, with 50.1%, and El Puerto de Liverpool will own 49.9%.

Seattle-based Nordstrom has agreed to be acquired and taken private by members of the longtime retail family and El Puerto de Liverpool, a Mexican retailer, in an all-cash-deal valued at $6.25 billion, the company announced Monday.