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Dive Brief
3G Capital is paying $63 per share in cash, which analysts say represents a bet that the footwear sector will be profitable in the long term despite tariffs.
Shoes are displayed for sale in a Skechers retail store at the Barton Creek Square Mall on July 16, 2024, in Austin, Texas. Skechers will go private after being acquired by 3G Capital.
Brandon Bell via Getty Images
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