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Sportsman’s to borrow from revolver to buy Field & Stream stores
By Marisa Wong
Los Angeles, Sept. 30 – Sportsman’s Warehouse Holdings, Inc. said it will use borrowings under its revolving credit facility to fund its acquisition of eight Field & Stream locations from Dick’s Sporting Goods, Inc.
The transaction, valued at $28 million, is expected to close on Oct. 11.
The outdoor sporting goods retailer is based in Midvale, Utah.
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