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JD Sports Powers Into US Market With Finish Line Acquisition

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U.K.-based JD Sports Fashion announced plans to acquire The Finish Line on Monday. JD has agreed to acquire 100 percent of the outstanding Finish Line shares at $13.50 per share in cash, valuing the deal at $558 million. The price represents a 28-percent premium over the company’s $10.55 closing share price on March 23. The…

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