Dick's Sporting Goods Acquires Foot Locker
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Entertainment
Dick's Sporting Goods to buy Foot Locker for $2.4 billion

73% Informative
Dick 's Sporting Goods is buying ailing shoe company Foot Locker for $2.4 billion .
Skechers announced it was being taken private earlier this month in a deal worth more than $9 billion .
Dick 's says it expects to run the company as a standalone unit and keep the brands.
The footwear industry has been grappling with the impact of steep new American tariffs on their production.
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82
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88
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24
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English
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