Dick’s Sporting Goods acquires Foot Locker for $2.4 billion deal.

Foot Locker’s 2,400 stores join Dick’s global expansion strategy.

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Lauren Hobart envisions global platform for sports retail growth.

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Foot Locker stock surges 76% after acquisition announcement.

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Dick’s to maintain Foot Locker as standalone business unit.

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Acquisition marks Dick’s first international foray into 20 countries.

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Foot Locker’s sneaker expertise to enhance Dick’s product mix.

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Deal follows Skechers’ $9 billion acquisition by 3G Capital.

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