The sporting goods retailer has offered $24 per share of Foot Locker, the companies said on Thursday, representing an 86% premium to the stock’s last close. Shares of Foot Locker surged 85% to $23.78 ...

Dick's has been a top operator for years, and the company expects this deal to contribute to earnings in the first full year following its close.

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion with uncertainty brought on ...

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $19.95, with a ...

Since the announcement, Dick’s stock has fallen 7%, whilst Foot Locker shares have rocketed 63.1%, pricing in at nearly $21 per share. The deal could be finalized as soon as Thursday ...

Shares of Foot Locker surged after The Wall Street Journal reported that Dick's Sporting Goods is nearing a $2.3 billion deal to buy the sneaker retailer. Foot Locker's stock soared 70%, to $21.90 ...

(MENAFN- ValueWalk) It has been a fairly volatile few weeks for sneaker and apparel retailer Foot Locker (NYSE:FL). Following its fourth-quarter earnings release on March 6, its stock tanked about ...

Terms of the deal call for Foot Locker holders to receive either $24 in cash or 0.1168 shares of Dick's common stock in exchange for each share held. The cash offer represents a 66% premium to ...

Foot Locker shares surge as Dick’s mulls $24-a-share buyout ... Since the announcement, Dick’s stock has fallen 7%, whilst Foot Locker shares have rocketed 63.1%, pricing in at nearly $21 per ...

Dick’s Sporting Goods has agreed to buy smaller rival Foot Locker for $2.4 billion, the second major footwear deal this month after the buyout of Skechers, as the retailers navigate choppy ...

Foot Locker shares have fallen sharply this year, dragged down by weaker-than-expected sales, shifting pricing strategies at key brand partner Nike Inc (NYSE: NKE), and pressure from U.S. President ...