Shares of the athletic footwear retailer soared in late trading after The Wall Street Journal reported that Dick's Sporting ...

Dick’s Sporting Goods was nearing a deal to buy rival footwear retailer Foot Locker for about $2.3 billion, the Wall Street Journal reported Wednesday, citing people familiar with the matter.

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Shares of Foot Locker Inc. rocketed higher after hours on Wednesday after the Wall Street Journal reported that Dick’s ...