Skechers Stock Soars on $9.4 Billion Deal With 3G Capital to Go Private
From Yahoo Finance: 2025-05-05 12:00:00
Skechers agrees to go private with 3G Capital for $9.4 billion. Investors can choose $63 per share or $57 and an equity unit in the new parent company. CEO Robert Greenberg and team stay on. Stock jumps 25%, down 8% for 2025 despite surge. Headquarters remains in Manhattan Beach, Calif.
Read more: Skechers Stock Soars on $9.4 Billion Deal With 3G Capital to Go Private