BRIEF-Dick's Sporting Goods To Acquire Foot Locker For $2.4 Billion

Reuters

15 May

BRIEF-Dick's Sporting Goods To Acquire Foot Locker For $2.4 Billion

May 15 (Reuters) - DICK'S Sporting Goods Inc DKS.N:

DICK'S SPORTING GOODS TO ACQUIRE FOOT LOCKER TO CREATE A GLOBAL LEADER IN THE SPORTS RETAIL INDUSTRY
DICK'S SPORTING GOODS INC - FOOT LOCKER SHAREHOLDERS TO RECEIVE $24 OR 0.1168 DICK'S SHARES
DICK'S SPORTING GOODS INC - DEAL EQUITY VALUE ABOUT $2.4 BILLION
DICK'S SPORTING GOODS INC - DEAL EXPECTED TO BE ACCRETIVE TO DICK'S EPS FIRST YEAR
DICK'S SPORTING GOODS INC - DEAL EXPECTED TO CLOSE IN SECOND HALF OF 2025
DICK'S SPORTING GOODS INC - DEAL EXPECTED TO DELIVER COST SYNERGIES OF $100-$125 MILLION

Source text: ID:nPn19sr72a

Further company coverage: DKS.N

((Reuters.Briefs@thomsonreuters.com;))

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