News

Skechers USA Inc.‘s massive deal to be acquired by private equity firm 3G Capital defeated a shareholder’s challenge to stop ...
Among the debates consuming executives in boardrooms of U.S. food companies is which brands consumers are buying and avoiding ...
A Skechers investor lost its preliminary injunction bid and now the footwear firm can complete its merger deal once the SEC ...
In its lawsuit filed in late May, the shareholder group, the Florida-based Key West Police Officers & Firefighters Retirement ...
Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Skechers U.S.A., Inc. (NYSE: SKX) breached their fiduciary duties in connection with ...
A California federal judge denied a motion for preliminary injunction that, if granted, would have temporarily halted the ...
Sandwich chain Subway has tapped former Burger King executive Jonathan Fitzpatrick as the company's latest CEO, effective ...
Skechers is being acquired by 3G Capital for $63/share, with the family owners accepting the bid despite strong growth prospects. Learn more about SKX stock here.
The price 3G Capital agreed to pay represents a 30% premium to Skechers' current valuation on the public markets, which is in line with similar takeover deals.
Brazilian investment firm 3G Capital paid $3.3 billion for Burger King's parent company in 2010, and that company acquired Tim Hortons for $12 billion in 2014.
Buyout firm 3G Capital managed to build a consumer empire with a market value of over $140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3G-backed Kraft ...
3G Capital is known for wringing costs out of food-and-beverage businesses. Its track record for growing sales and market share of their products is less stellar.