Fox sports 1 articles
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Hibbett Sports to be acquired by British sports fashion company in $1.1 billion deal
The Birmingham-based sports apparel and equipment retailer’s outstanding shares sold to JD Sports for $87.50 per share in cash.
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JD Sports acquiring Birmingham-based Hibbett in $1.1 billion deal
The North American revenue of the combined company would total $5.80 billion.
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JD Sports agrees to buy Hibbett for $1.1 billion in push for U.S. growth
The Greater Manchester sportswear seller is set to acquire the Alabama company for $87.5 per share, marking a 21% premium on its closing share price on Monday