Acquisition History

Acquired Chick's Sporting Goods

FORM 8-K

On November 30, 2007, Dick’s Sporting Goods, Inc. completed its acquisition of all outstanding capital equity of Chick’s Sporting Goods, Inc., a privately held corporation. Under the terms of the agreement, Dick’s paid approximately $40 million in cash for the outstanding equity of Chick’s. Including the assumption of approximately $31 million of indebtedness, the transaction values Chick’s at approximately $71 million, and was financed using Dick’s existing credit facility. Chick's operated 15 specialty sporting goods stores in Southern California at the time of the acquisition, which have since been converted into DICK'S Sporting Goods stores.


Acquired Golf Galaxy

FORM 10-K

On February 13, 2007, Dick’s Sporting Goods, Inc. acquired Golf Galaxy, Inc. which became a wholly owned subsidiary of Dick’s by means of a merger of Dick’s subsidiary with and into Golf Galaxy. The Company paid $227.0 million which was financed using approximately $79 million of cash and cash equivalents and the balance from borrowings under our Second Amended and Restated Credit Agreement, as amended to date.


Acquired Galyan's

FORM 8-K

On July 29, 2004, Dick’s Sporting Goods, Inc. acquired all of the common stock of Galyan’s Trading Company, Inc. (“Galyans’”)(NASDAQ: GLYN) for $16.75 per share in cash, and Galyan’s became a wholly owned subsidiary of Dick’s. Dick’s paid $351.6 million, net of cash acquired of $17.9 million, to fund and consummate the Galyan’s acquisition, including the repayment of $57.2 million of Galyan’s indebtedness. Galyan’s is a specialty retailer that offers a broad range of products that appeal to consumers with active lifestyles, from the casual consumer to the serious sports enthusiast. Galyan’s operates 47 stores in 21 states and offers outdoor and athletic equipment, apparel, footwear and accessories, as well as casual apparel and footwear.

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