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Fly News Breaks for July 1, 2016
DKS
Jul 1, 2016 | 07:09 EDT
Canaccord noted reports that Dick's Sporting won the auction for the Sports Authority brand name and other intellectual property for $15M. The firm views the win as a significant positive development as they believe the IP includes TSA's customer lists to its e-commerce business. Canaccord reiterated its Buy rating and $52 price target on Dick's Sporting shares.
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