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Is JD Sports Challenging Foot Locker With Latest Acquisition?

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It didn’t take JD Sports very long to dip into its recently enriched M&A war chest. On Monday, the British seller of lifestyle-leaning athletic clothing and shoes announced plans to augment its holdings with the $495 million acquisition of DTLR. The in-the-works deal follows its $325 million December purchase of Shoe Palace and strengthens the…

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