Skechers agrees to be acquired by 3g capital

Los angeles & new york--(business wire)--skechers u.s.a., inc. (“skechers” or the “company”) (nyse: skx), a fortune 500 company and the third largest footwear company in the world, today announced that it has agreed to be acquired by 3g capital, a global investment firm built on an owner-operator approach to long-term investing. one of the largest founder-led consumer product companies in the world with $9 billion in annual sales, skechers' significant growth over the past 30 years has been dri.
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