DICK'S Sporting Goods and Foot Locker announced the expiration of the HSR waiting period and the election deadline for Foot Locker shareholders to choose between cash or stock consideration for the merger.
The waiting period under the HSR Act expired on August 25, 2025, with all required regulatory approvals received for the merger to proceed.
Foot Locker shareholders have until August 29, 2025, to elect their preferred merger consideration option: $24.00 in cash or 0.1168 shares of DICK'S Sporting Goods stock.
Merger Expected Closure Date
The merger between DICK'S Sporting Goods and Foot Locker is set to close on September 8, 2025, pending customary closing conditions.
Election Deadline
Foot Locker shareholders must decide between cash and stock consideration by 5:00 p.m. ET on August 29, 2025.
Consideration Options
Shareholders can choose to receive $24.00 in cash or 0.1168 shares of DICK'S Sporting Goods stock for each Foot Locker share held.
- The merger between DICK'S Sporting Goods and Foot Locker is progressing smoothly with regulatory approvals secured.
- Foot Locker shareholders' choice between cash or stock consideration will impact the final structure of the merger and the respective shareholders' positions.
With the HSR waiting period over and regulatory approvals in place, the merger between DICK'S Sporting Goods and Foot Locker moves closer to completion.