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Skechers investors say they were forced to take a bad deal when the company went private
Yahoo Finance·2025-11-22 19:00

A children's shoe display at the Skechers store in Manhattan Beach. (Christina House / Los Angeles Times) Skechers investors are suing company executives and Skechers owner 3G Capital over what they say was an unfair sale price in an acquisition earlier this year. 3G Capital took the Manhattan Beach-based sneaker company private in a 9.4billiondealthatclosedinSeptemberandreflectedasharepriceof9.4-billion deal that closed in September and reflected a share price of 63 per share. In a class action complaint filed this month in Delaware Chancery Court, hedge fund ...