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Share Name | Share Symbol | Market | Type |
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The Finish Line, Inc. (delisted) | NASDAQ:FINL | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.51 | 13.73 | 14.98 | 0 | 01:00:00 |
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Preliminary Proxy Statement
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
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Definitive Proxy Statement
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Definitive Additional Materials
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Soliciting Material under § 240.14a-12
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The Finish Line, Inc.
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(Name of Registrant as Specified In Its Charter)
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(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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No fee required.
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Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11
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Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
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Proposed maximum aggregate value of transaction:
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Fee paid previously with preliminary materials.
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
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Amount Previously Paid:
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Today is a new day for Finish Line
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An exciting, next step forward in our story
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Today we are announcing that we have agreed to merge with JD (formal name JD Sports Fashion PLC)
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JD is based in the United Kingdom and has an impressive international presence with more than 20 brands in many European countries as well as South Korea, Malaysia and Australia
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JD is a leading, premium multichannel retailer of sports, fashion and outdoor brands who embraces the latest online and in-store digital technology
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We share the same vision and drive to serve our customers with premium brands through a unique and innovative experience
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If that sounds a lot like us, you’re right
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That’s an important part of our decision to join forces with them
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With JD, Finish Line moves into a stronger position to compete as part of a global enterprise that leads in our industry
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So what does this mean to YOU?
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What it means to you is that Finish Line will be stronger than ever
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Our leadership team continues to be committed to our employees, our customers and the successful future of Finish Line
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Being part of a global enterprise can offer professional growth opportunities
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Yes, this means change - change means progress, it keeps us relevant in the ever-evolving retail landscape
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Upon the closing of the transaction, Finish Line will become the U.S. subsidiary - basically the U.S. based headquarters - for JD
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We will no longer be a standalone publicly traded company in the United States as we will be under the ownership of JD in the United Kingdom which is publicly traded on the London Stock Exchange
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We expect to close on this agreement no earlier than June 2018, pending shareholder approval of the merger, the receipt of all required regulatory approvals, and the satisfaction of other customary conditions to closing
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We are also going to have department meetings in the next day or so to address questions but please realize that we may not have all the answers yet
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In the meantime, you can always reach out to me or a member of leadership
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Questions from the media can be directed to Corporate Communications
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Investors can be pointed to Ed Wilhelm and customers can contact Customer Care
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Bottomline - strategically this positions Finish Line - and you - for long-term success as we work side-by-side with JD to leverage the benefits that we each bring to the table
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As this next chapter for Finish Line begins, you can help us write the story with your continued dedication to our customers and commitment to providing the best-of-the-best service and product to them
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Thank you!
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1 Year The Finish Line, Inc. (delisted) Chart |
1 Month The Finish Line, Inc. (delisted) Chart |
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