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Skechers has agreed to be taken private by 3G Capital as the popular shoe brand grapples with the impact of steep U.S.
The footwear giant pulled its full-year forecast earlier this year, citing “macroeconomic uncertainty stemming from global ...
3G Capital will pay $63 per share in cash for Skechers SKX, representing a premium of 28% to the stock’s closing price on ...
Skechers is going private during the middle of a trade war. The company announced Monday that investment firm 3G will pay $63 a share for the brand, a 30% premium of the company’s stock. Skechers is ...
The announcement sent Skechers shares soaring nearly 25% on Monday, closing at $61.56. This high-profile buyout comes as U.S.