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Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4B

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with uncertainty over how U.S. President Donald Trump’s tariffs will impact companies that make many of their products overseas.
Source: ABC News 6

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