BRIEF-Dick's Sporting Goods To Acquire Foot Locker For $2.4 Billion-February 2024-www.financetom.com

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

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

May 26, 2025 8:24 AM

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

* 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

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:

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