Skechers president Michael Greenberg said the company will "aggressively challenge" both the validity of the patents and the ...

Kraft Heinz (NASDAQ:KHC) is considering undertaking a landmark separation of its business by spinning off a substantial part ...

Among the debates consuming executives in boardrooms of U.S. food companies is which brands consumers are buying and avoiding ...

Buyout firm 3G Capital managed to build a consumer empire with a market value of over $140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3G-backed Kraft ...

A California federal judge denied a motion for preliminary injunction that, if granted, would have temporarily halted the ...

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The companies said Monday that the Skechers board unanimously approved the deal. The offer of $63 per ...

Skechers is being acquired by 3G Capital for $63/share, with the family owners accepting the bid despite strong growth prospects. Learn more about SKX stock here.

Brazilian investment firm 3G Capital paid $3.3 billion for Burger King's parent company in 2010, and that company acquired Tim Hortons for $12 billion in 2014.

3G Capital is known for wringing costs out of food-and-beverage businesses. Its track record for growing sales and market share of their products is less stellar.

The price 3G Capital agreed to pay represents a 30% premium to Skechers' current valuation on the public markets, which is in line with similar takeover deals.

Skechers' 26-year run on the public markets will soon come to an end after it announced it will be acquired by private equity firm 3G Capital for $63 per share. The purchase price represents a 30% ...