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Market Chatter: Skechers Investors Push Ahead With Appraisal Case After Talks Falter
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Market Chatter: Skechers Investors Push Ahead With Appraisal Case After Talks Falter
Nov 20, 2025 12:22 PM

12:12 PM EST, 11/20/2025 (MT Newswires) -- Skechers USA investors challenging 3G Capital's $9.4 billion buyout are proceeding with a Delaware appraisal case after early settlement talks failed, Bloomberg reported Thursday, citing people familiar with the matter.

The investors are seeking more than the $63-per-share deal price. Under Delaware law, company shareholders in cash deals can dispute the deal price in court, and a judge will determine a fair value, according to the report.

About 60 investment pools are disputing roughly $1.3 billion of shares, the report said, citing a regulatory filing.

Skechers' shares under the ticker SKX ceased trading on the New York Stock Exchange on Sept. 12 after closing the deal with 3G Capital.

Skechers and 3G Capital did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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