For reference, Foot Locker's press release stated that the company paid an effective tax rate of 35% and is expected to pay between 33% and 34% in the next 12 months. While these are not horrible ...

Under the deal, Foot Locker investors may cash in their stock for $24 a share, or exchange one Foot Locker share for 0.1168 shares of Dick’s Sporting Goods stock.

There are currently 668 Foot Locker stores across the U.S., including those in Puerto Rico, Guam, and the U.S. Virgin Islands. North Dakota, Vermont, and Wyoming are the only states without a store.