Dick’s Sporting Goods is buying Foot Locker for $2.4 billion
Government
New York CNN — Dick’s Sporting Goods is buying rival Foot Locker in a $2.4 billion deal, marking another major deal that tariff-prone apparel companies are making to future-proof themselves . In an announcement Thursday, Dick’s said the transaction will help the Pittsburgh-based sporting goods store internationally for the first time. It will maintain the Foot Locker name and run the shoe stores as a standalone business, and it expects to operate its 2,400 stores that span 22 countries. But
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