Does Dick's $2.4B Foot Locker Buyout Justify a Buy Decision Today?

DICK’S Sporting Goods, Inc. (DKS) is acquiring another big athletic footwear retailer Foot Locker, Inc. (FL) . Will this impact Dick’s Sporting Goods’ focus and business alignment? Should you consider buying DKS stock now? Let’s find out –  Dick’s-Foot Locker Deal Explained Dick’s Sporting Goods, recently, decided to acquire Foot Locker for almost $2.4 billion. In the buyout deal, Foot Locker shareholders may receive$24 in cash or 0.1168 shares of Dick’s common stock in place of each share held. The cash o ...