- This proposal, which follows a proposal made by Skechers to Heelys on May 28, provides to Heelys' stockholders an 8.2% premium to the closing price of its common shares on August 12 and a 31.0% premium to the closing price of its common shares, net of the cash and cash equivalents that the Company reported as of June 30.

Other headlines for [HLYS]

• HLYS 11/6/2008 04:00pm
  Heelys Inc. Reports Q3 $0.03 v $0.07e, R $23.8M v $27.1Me
  
• HLYS 11/5/2008 05:30pm
  Heelys Inc. Retains Financial Advisor Houlihan Lokey to Evaluate Strategic Alternatives- The company plans to pursue a broad range of strategic alternatives.
  

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