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The Skechers and 3G Capital merger was granted antitrust clearance on Tuesday, according to a notice from the Federal Trade ...
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Skechers to go private following $9.4B deal with 3G Capital - MSNPrivate equity firm 3G Capital reached a deal to buy Skechers and take the footwear company private. The two announced the multibillion-dollar transaction on Monday, with California-based Skechers ...
On the heels of antitrust approval, a Skechers minority shareholder is seeking a preliminary injunction to delay the merger ...
The Manhattan Beach-based footwear company Skechers will be sold to investment firm 3G Capital for $9.4 billion.
Skechers has agreed to be taken private by 3G Capital for $9.42 billion in the footwear industry's biggest buyout to date, exiting public markets after 26 years as the popular shoe brand grapples ...
Skechers has agreed to be taken private by 3G Capital for $9.42 billion in the footwear industry's biggest buyout to date, at a time when the company grapples with the impact of steep US tariffs.
Skechers to go private in $9.4B deal 3G Capital is paying $63 per share in cash, which analysts say represents a bet that the footwear sector will be profitable in the long term despite tariffs.
Skechers will continue to be led by Chairman and CEO Robert Greenberg, President Michael Greenberg and COO David Weinberg, per the release. The deal is expected to close in the third quarter.
Skechers sued by investor group over go-private deal A lawsuit alleges the footwear giant violated federal securities law by failing to disclose important information to shareholders.
Private equity firm 3G Capital reached a $9.4 billion deal to buy Skechers and take the footwear company private in the third quarter.
Skechers has agreed to be taken private by 3G Capital for $9.42 billion in the footwear industry's biggest buyout to date, exiting public markets after 26 years.
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