Dick’s Sporting Goods closes in on deal to buy rival Foot Locker: report
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 Wednesday, citing people familiar with the matter. The companies have discussed a deal at $24 per share for Foot Locker, the report said. That would represent an 86.5% premium to the stock’s last closing price. … Read more