Foot Locker Stock Jumps 80% After Dick's Sporting Goods Agrees to Buy Retailer
1. Foot Locker agreed to a $2.4 billion acquisition by Dick's Sporting Goods. 2. Shareholders can choose $24 per share or 0.1168 Dick's shares. 3. Foot Locker's stock jumped about 80% following the announcement. 4. Deal expected to close in the second half of 2025. 5. Dick's aims for international expansion through Foot Locker's global presence.