m_and_a
confidence high
sentiment neutral
materiality 0.75
Foot Locker acquisition by DICK'S passes HSR, closing Sept 8, election deadline Aug 29
FOOT LOCKER, INC.
- HSR waiting period expired; all required regulatory approvals now received for acquisition.
- Merger expected to close September 8, 2025, subject to remaining customary closing conditions.
- Shareholders elect $24 cash per FL share or 0.1168 DKS shares; deadline Aug 29 (5pm ET).
- 401(k) plan participants have earlier election deadline of August 27, 2025; non-electing shareholders receive cash.
item 8.01item 9.01