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August 20, 2008

Heelys Rejects Skechers' Bid

Heelys Inc. has rejected Skechers USA Inc.’s $143 million, or $5.25 per share, acquisition offer.

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NEW YORK — Heelys Inc. has rejected Skechers USA Inc.’s $143 million, or $5.25 per share, acquisition offer.

Gary Martin, Heelys’ chairman, said in a...

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