DKS•benzinga•
Dick's Sporting Goods To Acquire Foot Locker At 66% Premium
Summary
Foot Locker, Inc. (FL) shares soar on news of acquisition by Dick's Sporting Goods (DKS). Deal values FL at $2.4B and offers $24/share or 0.1168 DKS stock per FL share. DKS expects growth and cost synergies, sees Q1 sales growth and earnings beat, while FL projects Q1 loss.
Original Article
Read the full article from the original source for complete details and context.
Read Full ArticleArticle published on May 15, 2025 by benzinga