Greenberg, 84, controls about 60% of Skechers's voting shares, Poser says. He is set to stay at the helm through the transaction, but Poser believes he's likely to retire next year. A strategic ...

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Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

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(CNN)– Skechers is getting out of the public market and going private amid President Trump’s trade war. The footwear company announced on Monday, May 5, that investment firm 3G will pay more than $9 ...

Skechers is going private in a $9.4 billion deal by investment firm 3G Capital, the company announced Monday. 3G Capital has ...