The combined company will have a competitive edge in the Nike sneaker market and will provide Dick's access to international ...

Key Takeaways Nike is expected to benefit from Dick's Sporting Goods acquiring Foot Locker, a deal announced Thursday morning ...

Dick’s, the retail leader in sporting goods, will acquire Foot Locker, the leading specialty footwear retailer, for $2.4 ...

On the heels of Skechers’ $9 billion go-private deal last week, all eyes are now on Dick’s Sporting Goods Inc.’s $2.4 billion ...

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a ...

Dick's Sporting Goods is buying Foot Locker for $2.4 billion in a deal that will allow the two brands to expand the growing sneaker culture shoppers are chasing.

Dick’s Sporting Goods (NYSE:DKS), the largest sports retailer in the United States, is reportedly close to finalizing a $2.3 billion acquisition of Foot Locker (NYSE:FL).

The sporting goods retailer has offered $24 per share of Foot Locker, the companies said on Thursday, representing an 86% premium to the stock’s last close. Shares of Foot Locker surged 85% to $23.78 ...

Foot Locker shareholders can choose to get either $24 in cash or 0.1168 shares of Dick's Sporting Goods common stock for ...

According to the release, Dick’s will acquire its competitor for $2.4 billion, as the retailers navigate choppy demand and ...

Dick’s said it plans to maintain the Foot Locker brand and operate the company as a stand-alone business unit within its ...