This acquisition is anticipated to be finalized in the third quarter of 2025. According to InvestingPro data, Skechers maintains a strong financial position with a current ratio of 2.13, indicating healthy liquidity as it approaches this transaction. Morgan Stanley's analysts have aligned their new price target with the offer price, indicating a neutral position as the acquisition process unfolds. The firm's updated bull case for Skechers is now set at $72, which is closely in line with their previous base case of $73. Their bear case remains unchanged at $42. The acquisition by 3G Capital is a significant move for Skechers, a leader in the footwear industry, and the adjusted stock rating and price target from Morgan Stanley reflect a shift to a more cautious outlook as the transaction progresses towards completion. Investors and market watchers will be keeping a close eye on the developments of this acquisition, which is poised to be one of the notable transactions in the footwear industry in 2025.