According to Skechers, 3G will buy out each of the company's 18 million public shares in one of two ways. Either it will pay ...

Skechers, the Manhattan Beach-based footwear company, has agreed to be acquired by 3G, a Brazilian-based investment firm. The ...

The company will remain headquartered in Manhattan Beach, where it was founded over 30 years ago by Robert Greenberg.

NEW HAVEN, Conn. (AP) — A Christopher Columbus statue removed in 2020 amid a climate of racial reckoning after the police ...

Robert Greenberg tried many ways to get rich: mail-order toupees, electronic tweezers and roller skates before hitting his stride with sneakers, first with LA Gear and later Skechers. Now he and ...

Skechers founder Robert Greenberg to continue as CEO Deal for $63/share in cash, 28% premium to last close Volatile macro backdrop might have triggered deal talks, analyst says Company went public ...

The deal, expected to close in Q3 2025 and financed through a combination of cash and debt, will take Skechers private, with CEO Robert Greenberg continuing to lead the company. Investment firm 3G ...

Skechers will continue to be led by chairman and CEO Robert Greenberg, president Michael Greenberg, and the rest of the current management team The transaction is expected to close in the third ...

Following completion of the transaction, the footwear brand will continue to be led by chairman and chief executive Robert Greenberg, president Michael Greenberg, and its current management team.

To Williams Trading analyst Sam Poser, going private is a simple solution for Skechers's aging CEO Robert Greenberg. "All the noise around tariffs, the macro outlook, and having to continue to ...