Dick’s Sporting Goods Completes Golf Galaxy Acquisition

Posted on by Chief Marketer Staff

Dick’s Sporting Goods Inc. has finalized its acqusition of Golf Galaxy Inc. All outstanding shares of Golf Galaxy have been exchanged for $18.82 per share in cash.

Randy Zanatta, Golf Galaxy’s president and CEO, will remain with the firm.

In addition to its e-commerce Web site and catalog, Golf Galaxy operates 65 stores in 24 states. The company generated $264 million in sales during the 12 months ended Nov. 25.

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