
Skechers U.S.A., Inc. (NYSE: SKX) related to its sale to Beach Acquisitions Co Parent. Upon completion of the proposed transaction, outstanding Skechers stock will be cancelled and converted into the right to receive either (i) $63.00 in cash or (ii) $57.00 in cash plus one limited liability company unit of Beach Acquisitions, depending the Skechers shareholder election and subject to proration.