Foot My Locker!

Tags: Merger, Foot Locker Inc., FL
10 Jul 10:35pm
Takeover rumour?  Foot Locker Inc., is trading higher early this morning after Kohlberg Kravis Roberts & Co. is said to make a bid, with Apollo Management, for Foot Locker in the next 2 to 3 weeks.  The price is estimated to be above US$30 a share.  Wowsers for Foot Locker?  I wouldn't pay that...well, we can see that the market is reacting.

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