Skechers Ups Offer to Hedge Funds Challenging Price of 3G Buyout Skechers' decision to revise its offer to hedge funds challenging the price of its proposed acquisition by private equity firm 3G Capital has sent shockwaves through the business world.
The move underscores the ongoing debate over the valuation of the footwear company, with some arguing that Skechers is being undervalued and others claiming that the revised offer still falls short.
Understanding the Offer: What's at Stake for Skechers and Hedge Funds The proposed deal would see 3G Capital acquire a majority stake in Skechers, valuing the company at approximately $2. 1 billion.