3G Capital Partners L.P. will acquire the third-largest sneaker company for about $9.4 billion, bidding $63 per share, or about 18x earnings, in a deal that has already received unanimous approval by SKX’ board of directors. Skechers’ founder and CEO, Robert Greenberg, controls 57% of voting power, making the deal very likely to be consummated without any changes or other offers. The offer represents a 30% premium over SKX’ 15-day volume-weighted average stock price, but considerably less than the $75 where it was trading before the tariff uncertainty began. Like many ... Log in to view full article.