The deal values Foot Locker at a 90% premium to its Wednesday closing price.
Dick's Sporting Goods (NYSE:DKS) is reportedly nearing an agreement to acquire rival retailer Foot Locker, Inc. (NYSE:FL) for around $2.3 billion, according to sources cited by The Wall Street Journal
Dick's Sporting Goods is reportedly close to reaching a deal to acquire Foot Locker for about $2.3 billion. The two companies have discussed a deal at that price, and they could finalize a deal as soo
Shares of Foot Locker Inc. rocketed 65% higher after hours on Wednesday after the Wall Street Journal reported that Dick's Sporting Goods Inc. was close to a deal to buy the struggling sneaker chain.
A deal could be finalized as soon as Thursday, according to The Wall Street Journal.
Dick's Sporting Goods is close to a deal to buy Foot Locker for about $2.3 billion, or $24 a share, The Wall Street Journal reported late Wednesday.
Dick's Sporting Goods was nearing a deal to buy rival footwear retailer Foot Locker for about $2.3 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
The sides are discussing a deal for about $24 a share, or $2.3 billion.
In the latest trading session, Dick's Sporting Goods (DKS) closed at $212.04, marking a -0.18% move from the previous day.
NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against DICK'S Sporting Goods, Inc. (NYSE
Dick's Sporting Goods (DKS) concluded the recent trading session at $188.37, signifying a +1.05% move from its prior day's close.
PITTSBURGH , May 6, 2025 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS) will announce results for the first quarter of fiscal 2025 before the market opens on Wednesday, May 28 th. A conferenc

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Dick's Sporting Goods (DKS) concluded the recent trading session at $187.35, signifying a -0.21% move from its prior day's close.
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