After reports surfaced that Skechers, Inc. was in discussions with a private equity firm to be acquired and taken private, Skechers CEO Robert Greenberg released a letter to the company's employees. While the letter claims that a private equity firm's potential buyout of Skechers is simply a rumor that is “disruptive to our employees and customers and our business,” he stopped short of denying the allegations. In fact, he admitted that the rumors and speculation “are not surprising,” but that the SKXs “focus is and continues to be the continued execution of our business to serve the interests of our customers and employees and create long-term value for our shareholders.”
