The Rocky is reporting that Sports Authority and local Gart Sports are going to merge in a stock-swap. The combined Sports Authority will be headquartered in Englewood, just south of Denver. The deal valued the companies equally, which is about right, according to the closing market cap.

This is of some interest to the Jewish community, since the Gart family has historically been both active and generous. While control of the company passed from their hands some time ago, I'm sure they retained some substantial level of influence. One hopes that this continues.