Last Monday, it was announced that Skechers will be sold to the investment firm 3G Capital for $63 a share, a 30% premium over its stock price. As a result, Skechers’ stock surged by 25%, jumping ...

Manhattan Beach footwear and apparel company Skechers U.S.A. Inc. is set to go private in a substantial $9.4 billion deal with investment firm 3G Capital, ...