Hibbett Sports to be acquired by British sports fashion company in $1.1 billion deal
by WBRC FOX6 News
WBRC FOX6 News— The Birmingham-based sports apparel and equipment retailer’s outstanding shares sold to JD Sports for $87.50 per share in cash.
AL.com—JD Sports acquiring Birmingham-based Hibbett in $1.1 billion deal. The North American revenue of the combined company would total $5.80 billion.
Forbes—JD Sports To Buy Hibbett In $1 Billion U.S. Expansion Deal. The U.K.’s biggest sportswear retailer JD Sports is to buy Alabama-based athletic fashion retailer Hibbett Inc. for about $1.08 billion, the companies said.
CNBC—JD Sports to buy U.S. rival Hibbett in $1.08 billion sportswear retail deal. JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday.