[…] Dick’s Sporting Goods is reportedly close to reaching a deal to acquire Foot Locker for about $2.3 billion. The two companies have discussed a deal at that price, and they could finalize a deal as soon as Thursday (May 15), The Wall Street Journal reports. Dick’’s Sporting Goods’ shares are down 8% this year, while Foot Lockers’ are down 40%, according to the report. Neither company immediately replied to PYMNTS’ request for comment on the reported deal. The WSJ report says the companies have been impacted by talk of new U.S. tariffs, as well as other retailers. The report also says private equity firm 3G Capital agreed to buy sneaker brand Skechers for $9.4 billion earlier this month, the report says. The retailer also said it led a $120 million strategic investment in youth sports operator Unrivaled Sports through its corporate venture arm, DSG Ventures. Read full article […]