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Dick’s Sporting Goods (NYSE:DKS), the largest sports retailer in the United States, is reportedly close to finalizing a $2.3 billion acquisition of Foot Locker (NYSE:FL).
A better-run Foot Locker ( FL) under DKS leadership is seen being a net benefit for Nike ( NKE) as it will reinforce the distribution strategy and solidify its position in athletic retail. Konik ...