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Dick’s Sporting Goods is buying Foot Locker

TheStreet on MSN · 4h

Struggling Foot Locker finds new life with a surprising buyer

Foot Locker ((FL) ) was once the heart of sneaker culture — a place where new drops sparked lines around the block and shoppers could count on expert help from its iconic “Stripers.” But in recent years,

Associated Press News on MSN · 1d

Dick’s Sporting Goods to buy struggling shoe chain Foot Locker for $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 major footwear company this year as business leaders struggle with U.S.

New York Post on MSN · 1d

Foot Locker shares surge 85% after Dick’s Sporting Goods agrees to buy rival for $2.4B

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 on Thursday, after losing about 40% in the year so far. Dick’s Sporting Goods fell 14%.

1don MSN

Wall Street Analysts See Nike as a Winner in Dick's-Foot Locker Deal

Analysts see Nike as a key beneficiary of Dick's Sporting Goods buying Foot Locker in a deal valued at around $2.4 billion.

2don MSN

Dick's Sporting Goods to acquire Foot Locker for $2.4 billion in effort to corner Nike market

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

2don MSN

Dick’s Sporting Goods’ $2.4 Billion Deal for Foot Locker Could Be Big Boon for Nike and More Key Takeaways

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 ...

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