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Dick’s Sporting Goods has officially confirmed its acquisition of Foot Locker in a deal worth $2.4 billion, shaking up the sportswear and footwear space. The announcement follows growing speculation ...
Shares of athletic-gear retail chains Dick's Sporting Goods Inc. and Foot Locker Inc. tore in opposite directions on Thursday after the former struck a $2.5 billion deal to buy the latter, prompting ...
CNBC reports the sports retail giant will use a combination of cash on hand and new debt to acquire Foot Locker for $2.4 billion.
The Standard and Poor’s 500 rose 0.4%, enough to extend its winning streak to a fourth day and to pull within 3.7% of its all ...
Dick's has been a top operator for years, and the company expects this deal to contribute to earnings in the first full year following its close.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Stocks turned in a mixed performance on Thursday, extending a winning streak for one major index and ending one for another, ...
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.
Together, the two retailers will have to wade the choppy waters of new tariffs on imports, including footwear. And they'll ...
Dick’s Sporting Goods may soon own Foot Locker. Dick’s and the struggling sneaker retailer have agreed to a $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 ...