Dick’s Sporting Goods ‘to make $2.3 billion move’ in bid to take on rivals Foot Locker ...Middle East

BOSSES at Dick’s Sporting Goods are reportedly set to make a $2.3 billion move in a bid to gain an advantage over its competitors.

Chiefs are looking to strike a deal – just months after its president vowed to redefine sports retail.

Execs are reportedly planning to buy Foot Locker for a whopping $2.3 billion, as reported by The Wall Street Journal. 

The takeover could be completed as early as Thursday.

Dick’s has been part of the American retail scene since 1948 and the company has more than 750 stores across the US.

Meanwhile, Foot Locker has around 700 locations in the US and 2,600 outlets worldwide. 

DIck’s Sporting Goods chiefs are looking to buy Foot Locker, according to reportsRex

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