The transaction is at a 30% premium over its recent average stock price and is expected to close in the third quarter of 2025. Additionally, Skechers signed a support agreement. Shares of Skechers ...

The stock price surge is likely related to investors buying up shares to reach the offer price of $63 per share and, ultimately, increase the value of the buyout. As of Monday after, Skechers ...

Foot Locker's stock soared 70%, to $21.90 ... The deal follows the recent sneaker buyout of Skechers, which agreed to sell itself earlier this month for $9.4 billion to 3G Capital, a private ...

Since the announcement, Dick’s stock has fallen 7% ... The company’s move comes just weeks after Skechers agreed to a $9.4 billion buyout by 3G Capital, highlighting a wave of consolidation ...

Dick’s Sporting Goods is close to acquiring Foot Locker (NYSE:FL) in a deal valued at approximately $2.3 billion, according to a report from The Wall Street Journal. The two sides are discussing a $24 ...

Footwear brand Skechers has agreed to be acquired by investment firm 3G Capital in a USD 9.4 billion deal, the company announced Monday. The all-cash offer values Skechers at USD 63 per share—a ...

Wedbush Securities Managing Director and Tesla Inc. (NASDAQ:TSLA) bull Dan Ives believes Elon Musk's EV giant is entering a ...

Formula 1 and Walt Disney Co (NYSE:DIS) announced on Tuesday a new collaboration with Mickey & Friends that will begin in ...

It’s all kicking off in the footwear space. One week after the unexpected announcement that Skechers is to be taken private, Foot Locker (NYSE:FL) shares blasted ~86% higher in Thursday’s session ...

Footwear company Skechers USA has agreed to ... OPEC+ surprised the market by agreeing to surge production in May by the same amount. U.S. stock futures were flat Sunday night.