Fleet Feet Sports parent J Street 1976 is suing the Running Specialty Group and affiliates in DE Chancery Court for failing to pay on a more than $6 million price adjustment from the $47.7 million acquisition of JackRabbit. According to the suit, RSG is breaching the asset purchase agreement to pay back part of the acquisition price after the deal closed last Nov. The plaintiffs allege that RSG’s estimated purchase price calculations were inflated, and a post closing adjustment process in the APA resulted in a $40.8 million value for ... Log in to view full article.