Deira Trading Company

Dick’s Sporting Goods to acquire Foot Locker for $2.4 billion

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 acquire Foot Locker […]

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