Skechers Ups Offer to Hedge Funds Challenging Price of 3G Buyout Skechers' surprise offer to hedge funds has sent shockwaves through the investment community, leaving many wondering what lies behind this sudden move by the footwear giant.
At its core is a complex web of relationships between key stakeholders, including the company's existing shareholders and the buyout firm 3G Capital. What's Behind Skechers' Offer to Hedge Funds?
As the deal stands now, it appears that Skechers is attempting to solicit alternative bids from hedge funds following the initial acquisition by 3G Capital in 2019. The $1.