Dick's Sporting Goods confirmed that it will buy Foot Locker for about $2.4 billion. The proposed deal price of $24 a share, or 0.1168 shares of Dicks, is an 86.5% premium to Foot Locker stock's Wednesday's close of 12.
Dick's Sporting Goods confirmed that it will buy Foot Locker for about $2.4 billion. The proposed deal price of $24 a share, or 0.1168 shares of Dicks, is an 86.5% premium to Foot Locker stock's Wednesday's close of 12.