Athletic-apparel retailer Finish Line Inc. has reached a deal to be acquired for about $558 million by JD Sports Fashion PLC, as the U.K. sportswear retailer looks across the Atlantic to expand its global footprint. Under terms of the deal, JD will pay $13.50 in cash for each Finish Line share, which is about a 28% premium above Friday’s closing price of $10.55.

Source: Wall Street Journal March 26, 2018 19:52 UTC