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Footwear Giant Skechers To Go Private At 30% Premium In PE Deal

Summary

Skechers U.S.A. Inc. (NYSE: SKX) stock surged after announcing a $9.54 billion buyout by 3G Capital. Shareholders can receive $63 per share or opt for a mixed cash-equity deal. The company will go private in Q3 2025.

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Article published on May 5, 2025 by benzinga