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Bloomberg Markets

Skechers Ups Offer to Hedge Funds Challenging Price of 3G Buyout

Skechers Ups Offer to Hedge Funds Challenging Price of 3G Buyout
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Skechers USA Inc. increased its offer to resolve a lawsuit brought by hedge funds and other investors challenging 3G Capital’s $9.4 billion purchase of the footwear maker after settlement talks failed last year, according to people familiar with the situation.

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