Brief: Dick's Sporting Goods To Acquire Foot Locker For $2.4 Billion
15/05/2025 11:02
May 15 (Reuters) - DICK'S Sporting Goods Inc DKS.N: DICK'S SPORTING GOODS TO ACQUIRE FOOT LOCKER TO CREATE A GLOBAL LEADER IN THE SPORTS RETAIL INDUSTRY DICK'S SPORTING GOODS INC - FOOT LOCKER SHAREHOLDERS TO RECEIVE $24 OR 0.1168 DICK'S SHARES DICK'S SPORTING GOODS INC - DEAL EQUITY VALUE ABOUT $2.4 BILLION DICK'S SPORTING GOODS INC - DEAL EXPECTED TO BE ACCRETIVE TO DICK'S EPS FIRST YEAR DICK'S SPORTING GOODS INC - DEAL EXPECTED TO CLOSE IN SECOND HALF OF 2025 DICK'S SPORTING GOODS INC - DEAL EXPECTED TO DELIVER COST SYNERGIES OF $100-$125 MILLION Source text: ID:nPn19sr72a Further company coverage: DKS.N ((Reuters.Briefs@thomsonreuters.com;))
Recent news on Foot Locker
See all newsUnited Parks & Resorts lifts as co poised to replace Foot Locker in S&P SmallCap index
Dick's Sporting Goods drops on bleak annual revenue
Foot Locker Inc reports results for the quarter ended July 31 - Earnings Summary
Brief: Foot Locker Q2 Comparable Sales Fall 2%
Brief: DICK'S Sporting Goods And Foot Locker Announce Expiration Of Hart-Scott-Rodino Waiting Period And Election Deadline For Foot Locker Shareholders To Elect Merger Consideration