secwatch.observer — SEC 8-K summary
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Issuer:     FOOT LOCKER, INC. (—)
CIK:        0000850209
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001104659-25-088056
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01, 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Foot Locker acquired by DICK'S Sporting Goods; $24 cash or 0.1168 DKS per share
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- Merger completed September 8, 2025; Foot Locker now wholly owned subsidiary of DICK'S.
- Shareholders could elect $24 cash or 0.1168 DKS shares per FL share; 85.8% elected stock.
- Foot Locker Common Stock delisted from NYSE; company will file Form 15 to suspend SEC reporting.
- All directors resigned; CEO Mary Dillon and other officers ceased employment at closing.
- $600M revolving credit facility repaid and terminated; certain letters of credit assumed unsecured by DICK'S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850209/000110465925088056/0001104659-25-088056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850209/000110465925088056/tm2525487d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-088056

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