Dick’s Sporting Goods would have concluded on an agreement to buy a concurrent locker for around 2.3 billion dollars, according to The Wall Street Journalwho quoted people familiar with the question.
The retailers discussed an agreement at $ 24 per share for Foot Locker, which would be a bonus of 86.5% of the last closing price of Foot Locker, according to the report.
Foot Locker and Dick’s Sporting Goods could soon conclude an agreement, according to the Wall Street Journal. (Artur Widak / Nurphoto via Getty Images / Getty Images)
Foot Locker announced its “lace -up plan” in 2024, which included new store formats, moving away from Mall stores, reorganizing its loyalty program and exceeding digital, Renard business previously reported.
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Dick’s Sporting Goods would be on a business to buy a locker on foot. (Bing Guan / Bloomberg via Getty Images / Getty Images)
The company then launched its world center for technological services in Dallas to modernize its technological infrastructure.
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| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| Dks | Dick’s Sporting Goods inc. | 209.61 | -2.43 |
-1.15% |
| Fl | Foot Locker inc. | 12.88 | -0.45 |
-3.34% |
Dick’s Sporting Goods and Foot Locker did not immediately respond to Fox Business requests.
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Aislinn Murphy de Fox Business contributed to this report.
