ESPN's Jed Drake Talks World Cup Prep Miami (Ohio)Trustees OK $13M Facility Sporting Park Enjoys Banner Year SEC Network Launch Campaign Previewed Cobb County Getting Road Improvements More Big Free-Agent Deals In MLB Sources: Fox Keeps UEFA Champions League Sports World Pays Tribute To Mandela Classified Advertisements Financial Boon In Store For Arizona State?
Shares in The Sports Authority "are pumped up" over speculation that the FL-based chain "is a takeover target," according to Richard Wilner of the N.Y. POST. The company closed yesterday at a 52-week high of 21 11/16 and shares are up "nearly" 21% percent since October 3. Wilner: "Industry rumors said Woolworth, whose Foot Locker athletic footwear chain has cooled and who is looking to grow its Champs Sports chain, was on the prowl. Woolworth did not address the Sports Authority rumors but said it planned to make acquisitions down the road." Wilner adds that "despite persistent rumors, people close" to The Sports Authority said "it's not interested in selling" (N.Y. POST, 10/10).