UK-based sports retailer JD Sports Fashion has agreed to acquire athletic fashion retailer Hibbett for $87.50 per share, representing an aggregate value of approximately $1.1 billion, in a deal ...
JD Sports Fashion has proposed to acquire Hibbett at a price of $87.50 per share in cash, representing a premium of 20.7% from the previous day's stock close. The deal is subject to shareholder and ...
Hibbett received and accepted a bid from JD Sports. This deal - and the price - brings into question our thesis for Hibbett. We are very unsure about our understanding of sneaker retailing and we did ...