Soho House & Co Inc. Announcement on Offer From a Third-party Consortium to Acquire the Company
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Soho House & Co Inc. (NYSE: SHCO) has received an acquisition offer from a third-party consortium at $9.00 per share, an 83% premium over its recent closing price. The offer is contingent on approval from significant shareholders.
December 19, 2024 | 1:30 pm
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Soho House & Co Inc. has received an acquisition offer at $9.00 per share, an 83% premium over its recent closing price. The offer is contingent on approval from significant shareholders.
The acquisition offer at a significant premium is likely to drive SHCO's stock price up in the short term. However, the offer's success depends on the approval of major shareholders, which introduces some uncertainty.
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