JD Sports To Buy Hibbett In $1 Billion U.S. Expansion Deal
by Forbes
Forbes— 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.
MarketWatch—JD Sports agrees to buy Hibbett for $1.1 billion in push for U.S. growth. The Greater Manchester sportswear seller is set to acquire the Alabama company for $87.5 per share, marking a 21% premium on its closing share price on Monday
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.