Dick's Sporting Goods is set to acquire Foot Locker for $2.4 billion. Will this affect its focus and the stock's potential?

Dick's Sporting Goods is set to acquire Foot Locker for $2.4 billion. Will this affect its focus and the stock's potential?

Foot Locker will remain a standalone business and keep its brands, including Foot Locker Kids, WSS, Champs Sports, and Atmos.

DICK'S Sporting Goods, Inc.'s $2.4B Foot Locker, Inc. acquisition raises concerns over strategy shifts. Click for my look at ...

Dick’s, the retail leader in sporting goods, will acquire Foot Locker, the leading specialty footwear retailer, for $2.4 ...

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Shares of athletic-gear retail chains Dick’s Sporting Goods Inc. and Foot Locker Inc. tore in opposite directions on Thursday ...