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Dick's Sporting Goods takes on major risk with $2.4 billion bet on Foot Locker
finance.yahoo.com/news/dicks-sporting-goods-takes-on-major-risk-with-24-billion-bet-on-foot-locker-170636096.html
In This Article:
Dick's Sporting Goods' (DKS) big bet for Foot Locker (FL) may have plenty of pitfalls.
The company announced on Thursday a definitive agreement to purchase the sneaker chain for $24 per share, or $2.4 billion, a sizable premium compared to Foot Locker's closing price of…
This story appeared on finance.yahoo.com, 2025-05-15 17:06:36.