Skechers U.S.A., Inc. (NYSE: SKX) and 3G Capital Partners L.P. have received all required regulatory approvals for the proposed acquisition of Skechers by 3G Capital.
The transaction is expected to close on September 12, 2025, pending customary closing conditions as per the definitive merger agreement.
Stockholders have until 5:00 p.m. Eastern Time on September 5, 2025, to elect their merger consideration preference.
Regulatory Approvals Received
All regulatory approvals necessary for the acquisition have been secured.
Transaction Closing Date
The anticipated closing date for the transaction is September 12, 2025.
Election Deadline for Stockholders
Stockholders must elect their merger consideration preference by September 5, 2025, 5:00 p.m. Eastern Time.
- Stockholders have the option to choose between cash and equity unit in a newly-formed company as merger consideration.
- Shares not elected for the mixed consideration will receive the cash election consideration.
- Detailed election procedures and information are provided in the Information Statement/Prospectus filed with the SEC.
Stockholders are advised to carefully review the election materials and Information Statement/Prospectus for a comprehensive understanding of the transaction and their options.