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Are America’s Malls Back? DICK’S Buys Foot Locker
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Are America’s Malls Back? DICK’S Buys Foot Locker
As malls across America struggle for shoppers, DICK’S Sporting Goods, Inc. announced plans to acquire Foot Locker, Inc. for $2.5 billion. The merger agreement permits Foot Locker shareholders to elect to receive either $24.00 in cash or 0.1168 shares of DICKS Sporting Goods common stock per share of Foot Locker common stock. “Foot Locker has a strong history of sneaker expertise that sparks discovery and ignites the power of sneaker culture thro
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