Analysts are not sold on the deal, which adds a struggling retailer to Dick's strong portfolio, but executives expressed ...

The team discusses the implications of the surprise acquisition, how Dick’s is defending it and why the stakes could be ...

Dick’s, the retail leader in sporting goods, will acquire Foot Locker, the leading specialty footwear retailer, for $2.4 billion. Both depend heavily on sneaker sales.

DKS stock rises despite earnings miss. Analysts maintain mixed ratings, citing strong fundamentals & confidence in strategic ...

Foot Locker posted weaker results in its latest quarter, extending a challenging period for the company ahead of a planned ...

Foot Locker owns Kids Foot Locker, Champs Sports, WSS, and Atmos, and has 2,400 stores in 20 countries, including North America, Europe, and Asia.

Foot Locker, Inc. (NYSE:FL) shares rocketed premarket on Thursday after the company disclosed a definitive deal to be acquired by Dick’s Sporting Goods Inc (NYSE:DKS), which values Foot Locker’s ...

The combined company will have a competitive edge in the Nike sneaker market and will provide Dick’s access to international markets, plus a younger consumer.

Dick’s Sporting Goods is acquiring sneaker chain Foot Locker, Dick’s company executives announced on May 15. The company’s acquisition of Foot Locker has an equity value of $2.4 billion and ...

Within Dick's portfolio, Foot Locker will operate as an independent business unit and maintain its brand's identity.

DICK’S Sporting Goods has agreed to acquire Foot Locker for about US$2.4 billion, strengthening its position in the sporting ...

Shoe and sporting goods giant DICK’s Sporting Goods recently revealed its intention to acquire rival Foot Locker, a move that ...