Dick's acquisition of Foot Locker cleared another hurdle Friday as 99% of tallied votes at a special meeting of FL shareholders approved the May agreement. Per the terms, shareholders will elect to receive either $24.00 in cash or 0.1168 shares of DKS common stock for each FL share. The deal is expected to close sometime in H2 this year, with FL continuing as a wholly-owned subsidiary of DKS, pending final regulatory approval. Upon closing, the acquisition would add about $8 billion to Dick's top line along with 2,400 ... Log in to view full article.