Investment firm TD Cowen has reduced its rating on Skechers (NYSE:SKX) from a positive recommendation to neutral positioning ...

TD Cowen downgraded Skechers to Hold in a note Wednesday, highlighting a closed window for competing acquisition offers following 3G’s announced deal.

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

Skechers is the third-largest footwear company in the world behind Nike and Adidas. Greenberg will stay on as Skechers' CEO and continue enacting the company's strategy after the acquisition is ...

The $24-per-share offer, announced by both companies on Thursday, represents an 86% premium to Foot Locker’s last close and ...

Skechers SKX.N has agreed to be taken private by 3G Capital for $9.42 billion in the footwear industry's biggest buyout to date, exiting public markets after 26 years as the popular shoe brand ...