Soho House & Co Inc. has entered into definitive agreements pursuant to which an investor group led by MCR and its Chairman and CEO Tyler Morse will acquire the outstanding shares of Soho House not held by certain significant shareholders.
- Shareholders to receive $9.00 per share in cash, an 83% premium to the unaffected share price
- The offer implies a total enterprise value of approximately $2.7 billion for SHCO
- SHCO Executive Chairman Ron Burkle and the Yucaipa Companies LLC will roll their controlling equity interests in the Company and retain majority control of the business
- MCR will become a shareholder ...
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