Foot Locker shareholders approve acquisition
August 26, 2025 - A vast majority of Foot Locker's shareholders voted Friday to approve a merger with Dick's Sporting Goods. The latter company announced Tuesday that the two retailers have received all the necessary regulatory approvals to complete the merger, and the $2.4 billion deal should close Sept. 8. Foot Locker, which is opening a new headquarters in St. Petersburg, will continue operating as a standalone entity while benefiting from a stronger bargaining position with vendors.