DICK'S Sporting Goods and Foot Locker announced the expiration of the HSR waiting period related to their merger.
The merger is expected to close on September 8, 2025, pending customary closing conditions.
Foot Locker shareholders have until August 29, 2025, to elect their preferred form of consideration for the merger.
Merger Expected to Close
The merger between DICK'S Sporting Goods and Foot Locker is scheduled to close on September 8, 2025.
HSR Waiting Period Expiration
The waiting period under the HSR Act has expired, and all regulatory approvals for the merger have been obtained.
Election Deadline for Shareholders
Foot Locker shareholders have until August 29, 2025, to elect their consideration preference for the merger.
- All regulatory approvals have been received, signaling progress towards the merger's completion.
- Shareholders' election of consideration will determine the form of payment they receive post-merger.
With the waiting period expiration and regulatory approvals in place, the DICK'S Sporting Goods and Foot Locker merger is advancing smoothly towards the closing date, offering shareholders the opportunity to select their preferred form of consideration.