Archive · 20 Nov 2025
Hedge Funds Battle Skechers' $9.4 Billion Buyout
Some big investors are fighting against a company called Skechers, which makes shoes.
They think the company sold itself too cheaply to another company called 3G Capital.
The investors want a higher price.
They tried to settle, but couldn't agree.
Now, they're taking the case to a special court in Delaware to decide the fair price.
Hedge funds challenge 3G Capital's $9.4 billion purchase of Skechers
Investors seek higher price than $63 per share offered by 3G
Settlement talks fail, investors press ahead with case
Skechers' founder and son approved deal amidst tariff threats
Delaware court to determine fair price of the transaction
- Who
- Hedge funds and other big investors, Skechers USA Inc., 3G Capital
- What
- Fighting over the price of Skechers' buyout by 3G Capital
- When
- September 2020 (deal closed), ongoing (court case)
- Where
- Delaware Chancery Court
- Why
- Investors believe the deal was underpriced
Hedge Funds and Other Investors
Skechers and 3G Capital
Deal Price
Hedge Funds and Other Investors
Too low
Skechers and 3G Capital
Fair and reasonable
- Skechers' Shareholder Voting Power
- 60% (Greenberg family)
- Skechers' Tariff Impact
- Existential threat to business
- Number of Investors Challenging Deal
- About 60 investment pools