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$SKX TO GO PRIVATE IN $6.5B DEAL
Skechers has agreed to be acquired by 3G Capital for $63 per share in cash, valuing the company at roughly $6.5 billion. The deal includes an alternative option of $57 in cash plus an equity unit in a new private holding company, though that’s limited to 20% of shares. The offer represents a 30% premium to Skechers’ 15-day average price.
CEO Robert Greenberg will stay on, and the company will remain headquartered in Manhattan Beach. Closing is expected in Q3 2025.
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$SKX TO GO PRIVATE IN $6.5B DEAL
Skechers has agreed to be acquired by 3G Capital for $63 per share in cash, valuing the company at roughly $6.5 billion. The deal includes an alternative option of $57 in cash plus an equity unit in a new private holding company, though that’s limited to 20% of shares. The offer represents a 30% premium to Skechers’ 15-day average price.
CEO Robert Greenberg will stay on, and the company will remain headquartered in Manhattan Beach. Closing is expected in Q3 2025.
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$MSFT is now the most valuable company on earth and the only mag 7 name that is up YTD: https://t.co/yB9YP62sF1
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$MSFT is now the most valuable company on earth and the only mag 7 name that is up YTD: https://t.co/yB9YP62sF1
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Quiver Quantitative
RT @InsiderRadar: 🚨BREAKING: New CFO Insider Purchase
The CFO of $HLMN has just reported purchasing ~$1 million of the company's stock, increasing his ownership stake by 28%.
This is the largest insider purchase we have seen at the company in over 3 years.
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RT @InsiderRadar: 🚨BREAKING: New CFO Insider Purchase
The CFO of $HLMN has just reported purchasing ~$1 million of the company's stock, increasing his ownership stake by 28%.
This is the largest insider purchase we have seen at the company in over 3 years.
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Wall St Engine
Berkshire Hathaway $BRK shares are down over 5% after Warren Buffett, who’s led the company for nearly 60 years, announced over the weekend he’ll step down as CEO by year-end. Greg Abel has been officially named his successor. Buffett will stay on as Chairman. https://t.co/1IudXwxVmO
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Berkshire Hathaway $BRK shares are down over 5% after Warren Buffett, who’s led the company for nearly 60 years, announced over the weekend he’ll step down as CEO by year-end. Greg Abel has been officially named his successor. Buffett will stay on as Chairman. https://t.co/1IudXwxVmO
WARREN BUFFETT TO STEP DOWN AS BERKSHIRE CEO AT YEAR-END
Warren Buffett just announced that the time has come for Greg Abel to take over as CEO of Berkshire Hathaway at the end of this year. He said he’ll formally bring it to the board of directors tomorrow.
END OF AN ERA! https://t.co/KJdAaYCxcG tweet
Wall St Engine
$HIMS NAMES AMAZON VETERAN NADIR KABBANI AS COO
Hims & Hers has hired Nader Kabbani, a longtime Amazon exec who helped launch Amazon Pharmacy and led the PillPack acquisition, as Chief Operating Officer. He steps in as the company pushes further into areas like blood testing and personalized health care.
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$HIMS NAMES AMAZON VETERAN NADIR KABBANI AS COO
Hims & Hers has hired Nader Kabbani, a longtime Amazon exec who helped launch Amazon Pharmacy and led the PillPack acquisition, as Chief Operating Officer. He steps in as the company pushes further into areas like blood testing and personalized health care.
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