Hotel owner MCR said it can’t make a $200 million commitment in time, sending Soho House’s financial partners scrambling for ...
After decades of global expansion and a turbulent stint as a public company following a 2021 stock market listing in New York ...
Key investor MCR Hotels said it wouldn’t be able to meet its commitment to purchase $200 million worth of shares.
The parties are pursuing other funding paths after MCR said it would not be able to meet its previously agreed upon closing ...
Soho House’s $1.8bn (£1.3bn) takeover deal has been thrown into jeopardy after a key backer revealed it was struggling to ...
Investing.com -- Soho House & Co (NYSE:SHCO) stock fell 14% Thursday morning after a key investor pulled back from its $200 million funding commitment for the company’s planned privatization deal.
MCR and its CEO, Tyler Morse, agreed to buy outstanding Soho House shares not held by shareholders for $9 apiece, which is an ...
Monica Burton is the former deputy editor of Eater.com where she covered restaurants and food culture from 2017 to 2025. Earlier this month, Soho House’s newest members-only club opened in Portland, ...