Edition:
United Kingdom

The Finish Line Says Entry Into Merger Agreement With JD Sports Fashion


Monday, 26 Mar 2018 

March 26 (Reuters) - Finish Line Inc ::THE FINISH LINE, INC. ANNOUNCES ENTRY INTO MERGER AGREEMENT WITH JD SPORTS FASHION PLC.‍JD TO ACQUIRE FINL FOR $13.50 PER SHARE IN CASH​.‍AGGREGATE DEAL VALUE OF APPROXIMATELY $558 MILLION​.‍UPON CLOSING OF AGREEMENT, FINISH LINE EXECUTIVE TEAM WILL CONTINUE THEIR INVOLVEMENT WITH BUSINESS​.‍SPECIAL COMMITTEE APPOINTED BY CO'S BOARD RECOMMENDED AND BOARD VOTED UNANIMOUSLY TO APPROVE ENTERING INTO MERGER AGREEMENT​.