The Finish Line Completes Merger With JD Sports

sneaker store — CREDIT: The Finish Line Inc.

British sporting goods retailer JD Sports announced Monday it has closed on its $558 million deal to acquire U.S. sneaker retailer The Finish Line Inc. Through the sale, Finish Line has merged to become an indirect wholly-owned subsidiary of JD Sports—a move intended to create a “multi-channel, multi-branded retailer of sports fashion and footwear with…

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