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Report: Dick’s Sporting Goods may go private

1/8/2015

Pittsburgh – Dick’s Sporting Goods Inc. is reportedly considering the step of taking itself private. According to Reuters, Dick’s is in the preliminary stages of conversations with several buyout firms.



However, there is currently no formal plan to sell the company and Dick’s may not ultimately move forward with the plan. In the third quarter of fiscal 2014, Dick’s reported a 9% increase in net sales but 2% drop in net income. The company declined to comment.


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