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 ...

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

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.

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

3G had been periodically trimming its stake in Kraft Heinz since 2018. When it sold 25 million shares in 2019, at the height of the company's troubles, the stock fell 4% in response to the disclosure.

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

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 ...

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% ...

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.