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Foot Locker Closes Purchase of CCS From dELiA's


New York City Foot Locker announced that the company had closed its purchase of CCS from dELiA*s, Inc. for $103.2 million in cash.

It is expected that the acquisition of CCS will be accretive to Foot Locker, Inc.'s diluted earnings per share within the first full year of operation. dELiA's will report the results of CCS as discontinued operations for its third quarter.

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