Dick’s Sporting Goods has agreed to buy smaller rival Foot Locker for $2.4 billion, the second major footwear deal this month ...

Shares of Foot Locker surged after The Wall Street Journal reported that Dick's Sporting Goods is nearing a $2.3 billion deal to buy the sneaker retailer. Foot Locker's stock soared 70%, to $21.90, in ...

Dick's has been a top operator for years, and the company expects this deal to contribute to earnings in the first full year ...

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion with uncertainty brought on ...

The agreement highlights the ongoing strength and strategic relevance of the sports retail industry, even in the face of ...

Dick’s Sporting Goods is close to acquiring Foot Locker (NYSE:FL) in a deal valued at approximately $2.3 billion, according to a report from The Wall Street Journal. The two sides are discussing a $24 ...

Terms of the deal call for Foot Locker holders to receive either $24 in cash or 0.1168 shares of Dick's common stock in exchange for each share held. The cash offer represents a 66% premium to ...

The two sides are discussing a $24 per share offer for Foot Locker, representing a nearly 90% premium over the company’s most recent closing price of $12.87. Since the announcement, Dick’s stock has ...