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Will Skechers Family Affair End Post-Deal?
Now that Skechers USA has announced that it was being acquired by private equity juggernaut 3G, we have one question: what will happen to the many family members who are on the company payroll? The elder Greenberg, who controls 12.3% of the company, stands to receive more than $1 billion once the deal closes. The company said he will remain in place, along with his son Michael, who is president, and chief operating officer David Weinberg. In its…
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