This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.

 DKS is acquiring Foot Locker in a deal worth about $2.4bn in equity and $2.5bn including debt. Foot Locker shareholders can choose to receive either $24 in cash or 0.1168 shares of DICK’S stock for each share they own, with no limits on how much cash or stock they can select.

Ed Stack, Executive Chairman of DICK’S, said the company respects Foot Locker’s strong brand and community presence. He believes there is real potential for growth and that DICK’S can help by bringing its operational experience to the business.

First, the deal creates a global platform in the growing sports retail industry. It allows DKS to reach more customers around the world, not just in the U.S., by using Foot Locker’s international presence. This expands DKS’ market and supports long-term growth.

 Executive Summary
• Deal Overview
• Business Rationale
• Company Overview – Foot Locker, Inc
• Company Overview – DICK’s Sporting Goods, Inc.

This report was produced by a member company of the Crispidea. This report is for the use of intended recipients only and may not be reproduced (in whole or in part) or delivered or transmitted to any other person without our prior written consent. By accepting this report, the recipient agrees to be bound by the terms and limitations set out herein.

https://www.crispidea.com/report-category/sector-research-reports-industry/