Investment firm 3G Capital has offered $63 per Skechers share in cash, the footwear brand said on Monday. That represents a 28% premium to the stock's Friday close, according to Reuters calculations.

Skechers, the $9 billion sneaker giant, is being acquired by 3G Capital. The company will go private while maintaining its current leadership and strategy.

3G Capital will acquire footwear maker Skechers USA Inc. for $9.4 billion, marking a splashy return to dealmaking for the investment firm after nearly four years.

Skechers and 3G Capital have a shared vision for the long-term future growth of the business 3G Capital to pay $63.00 per share in cash for Skechers, representing a premium of 30% to the Company ...

Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced Monday.

3G Capital’s purchase of Skechers is anticipated to be completed in the third quarter. It is "subject to the satisfaction of customary closing conditions, including receipt of regulatory ...

Kizik Designs claimed it invented the hands-free shoe category that Skechers has made a key part of its business.

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The companies said Monday that the Skechers board unanimously approved the deal. The offer of $63 per ...

Skechers and 3G Capital have a shared vision for the long-term future growth of the business 3G Capital to pay $63.00 per share in cash for Skechers, representing a premium of 30% to the Company ...