Jefferies analyst Randal Konik highlighted that the acquisition of Foot Locker (FL) by Dick's Sporting Goods (DKS) is a positive development for Nike (NYSE:NKE) due to its strong partnerships with ...

Scott Olson / Getty Images Nike is expected to benefit from Dick's Sporting Goods acquiring Foot Locker, a deal announced Thursday morning. After the deal, Nike is expected to represent about 30% ...