Friday, July 1, 2016

Dick’s Sporting Goods wins bidding war

Dick's Sporting Goods Inc, the largest U.S. sporting goods retailer, said on Thursday it was the successful bidder in the auction for the intellectual property of bankrupt competitor Sports Authority with a bid of $15 million.
Dick's said it also plans to take over the leases for 31 Sports Authority stores for an additional $8 million.. . . more

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