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Sydney Morning Herald Biz • May 16, 2025

ASX set to jump, Wall Street drifts higher; Foot Locker sold in $3.8b deal

The Australian stock market is expected to experience significant gains while U.S. shares show modest increases amid ongoing uncertainty surrounding trade tensions and their impact...

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CNBC Business • May 15, 2025

Dick's Sporting Goods to acquire Foot Locker for $2.4 billion in effort to corner Nike market

The $2.4 billion acquisition of Foot Locker by Dick's Sporting Goods is expected to enhance market presence, expand global reach, and attract a younger demographic within the athle...

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MarketWatch Top Stories • May 14, 2025

Foot Locker’s beaten-down stock jumps more than 60% on report of Dick’s acquisition

Foot Locker’s shares surged significantly following news of a potential purchase by a major competitor, reflecting increased investor optimism about the company’s future financial...

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