Finish Line to Exit JackRabbit

INDIANAPOLIS--(BUSINESS WIRE)--Athletic retailer The Finish Line, Inc. (NASDAQ: FINL) (the “Company”) today announced a plan to exit the unprofitable JackRabbit business (formerly Running Specialty Group). The Company has entered into a definitive agreement with affiliates of CriticalPoint Capital, LLC, a Los Angeles based private investment firm. The Company's Board of Directors has approved this transaction which is expected to close by the end of its fiscal fourth quarter, subject to customary closing conditions.