Alabama-based Hibbett acquired by rival JD Sports in massive $1 billion deal
Birmingham-based sporting goods retailer Hibbett has officially been bought by a former rival.. JD Sports Fashion, the UK's largest sporting goods retailer, has reportedly purchased all of Hibbett's outstanding shares for $87.50 per share in cash, translating into a total enterprise value of about $1.1 billion. “Today's announcement is a true testament to the work […]
