News

Foot Locker to purchase 350 Footaction stores

14/04/2004

Foot Locker, Inc, the New York-based specialty athletic retailer, has agreed to purchase around 350 Footaction athletic footwear and apparel stores for $160 million in cash. 

 

Footstar, Inc. filed for Chapter 11 bankruptcy protection on March 2, 2004. The agreement with Foot Locker will be entered into under a Bankruptcy Code Section 363 sale process. 

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