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Dick’s acquires Foot Locker for $2.4 billion

Seeking Alpha on MSN · 1d

DICK'S Sporting Goods confirms $2.4B deal to acquire Foot Locker

DICK'S Sporting Goods (DKS) has agreed to acquire footwear retailer Foot Locker (FL) in a transaction representing an equity value of ~$2.4B and an enterprise value of ~$2.5B.

USA TODAY · 1d

Foot Locker stock surges 83% after acquisition news from Dick's Sporting Goods

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.

Fast Company on MSN · 1d

Dick’s Sporting Goods is buying Foot Locker: Here’s everything to know about the $2.4 billion deal

Shares in the sporting goods retailer sank more than 13% after the deal was announced. By contrast, Foot Locker’s stock jumped more than 82%.

1d

Why Are Foot Locker (FL) Shares Soaring Today

Shares of footwear and apparel retailer Foot Locker (NYSE:FL) jumped 85.2% in the morning session after the company agreed to ...

1don MSN

Foot Locker sees 2.6% drop in comparable sales in Q1

Foot Locker (NYSE:FL) said its first-quarter comparable sales dropped 2.6% as compared to the same period last year, as the ...

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