Exclusive: Dick's set to win auction for Sports Authority brand

June 30, 2016 3:20 PM

12 0

Exclusive: Dick's set to win auction for Sports Authority brand

Dick's Sporting Goods Inc (DKS.N), the largest U.S. sporting goods retailer, is set to win the auction for the intellectual property of bankrupt competitor Sports Authority with a bid of $15 million, according to people familiar with the matter.

Dick's and Sports Authority still have to finalize paper work on the deal, and a U.S. bankruptcy court judge has to approve it, two sources said on Thursday.

Read more

To category page

Loading...