Tender Offers for Soho House & Co Inc.
Form Type: 8-K
Filing Date: 2024-12-19
Corporate Action: Tender-offer
Type: New
Accession Number: 000095017024138239
Comments: On December 19, 2024, Soho House & Co Inc. announced a tender offer from a third-party consortium to acquire the Company at a price of $9.00 per share, reflecting an 83% premium over the closing price from December 18, 2024. This offer is contingent upon key shareholders, including Executive Chairman Ron Burkle and The Yucaipa Companies, rolling over their equity interests in the transaction. The Board of Directors has established an independent Special Committee to evaluate this proposal. The committee's review does not guarantee a strategic change or completion of the acquisition, and the Company will refrain from additional public comments until a definitive transaction is reached or further evaluations are concluded.
Document Link: View Document
Additional details:
Tender Offer Price: 9.00 USD
Percentage Spun Off: none