Two major sporting goods retailers, both of which have stores in Alabama, are on the verge of completing a $2.4 billion merger following a shareholder vote.

According to information released by Dick’s Sporting Goods, “a vast majority” of Foot Locker shareholders – around 99% — voted to approve a merger with Dick’s. Dick’s also recently reported that the proposed merger has received regulatory approval and that the deal should close on Sept. 8.

“We are pleased with the results from our special meeting earlier today and thank our shareholders for their support as Foot Locker embarks on this exciting new chapter,” Mary Dillon, CEO of Foot Locker, said in a news release. “We are now one step closer to joining forces with DICK’S and even better positioning the business to expand sneaker cul

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