Source: United Press International
“Footwear giant Skechers, the world’s third-largest footwear company, announced Monday it had reached a deal to be bought out by the private equity firm 3G Capital. 3G will acquire the southern California-based Skechers for $63 per share in cash which represents a 30% premium to the shoe company’s current public valuation. It was unanimously approved by Sketchers'[s] board of directors.” (05/05/25)
https://www.upi.com/Top_News/US/2025/05/05/skechers-3g-capital/1571746458169/