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DICK'S Sporting Inks an Agreement to Buy Foot Locker: What to Know?
ZACKS·2025-05-16 02:40

DICK'S Sporting Goods, Inc. (DKS) has been making smart moves to enrich the customer experience. DKS is emphasizing the omnichannel experience to drive solid athlete engagement.In a latest announcement, DKS and athletic shoes and apparel retailer Foot Locker (FL) unveiled a definitive merger agreement, which states that the former will buy the latter for an equity value of almost 2.4billionandanenterprisevalueofroughly2.4 billion and an enterprise value of roughly 2.5 billion.The proposed merger deal highlights a key strategic milestone for DI ...