“The addition of Hibbett to the JD family will provide a big boost to the US business and gives JD Sports a presence in a lot of markets where it is currently underrepresented,” Neil ...
Hibbett (NASDAQ:HIBB) rallied in Tuesday morning trading after the sporting good retailer attracted a buyout offer from JD Sports Fashion (OTCPK:JDSPY) at $87.50 per share, or about $1.1B.