Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with ...

Dick's Sporting Goods' (DKS) big bet for Foot Locker (FL) may have plenty of pitfalls. The company announced on Thursday a definitive agreement to purchase the sneaker chain for $24 per share, or $2.4 ...