California-based footwear retailer Skechers USA has made an acquisition proposal to acquire wheeled footwear maker Heelys, Inc. for $5.25 per share in cash, or an aggregate of $142.8 million. The proposal letter, dated today, was sent by Robert Greenberg, chairman and chief executive officer at Skechers sent to Gary Martin, chairman of the board of directors at Heelys. It follows a proposal made by Skechers to Heelys on May 28.

It remains to be seen whether Heelys will accept the offer.

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