“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 ...
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Sporting goods retailers rally after Hibbett attracts buyout offerHibbett (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.
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JD Sports to acquire Hibbett in $1.1B dealThe U.K. sportswear retailer has proposed to buy all outstanding shares of Birmingham, Alabama-based Hibbett for $87.50 per share in cash, which represents a 21% premium to the U.S. firm’s ...
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