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.
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