Dick's Sporting Goods to buy Foot Locker for $2.4 billion

cnbc.com/2025/05/15/dicks-sporting-goods-to-acquire-foot-locker-for-2point4-billion.html

Dick's Sporting Goods said Thursday it plans to acquire rival Foot Locker as it looks to expand its international presence, win over a new set of consumers and corner the Nike sneaker market.
Under the terms of the agreement, Dick's will use a combination of cash-on-hand and new debt to…

This story appeared on cnbc.com, 2025-05-15 12:29:48.910000.
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