Soho House Going-Private Deal Granted Early Termination of HSR Act Waiting Period

MT Newswires Live
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Soho House's (SHCO) going-private deal was granted an early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, according to the Federal Trade Commission.

Last month, Soho House said it reached agreements to be taken private by an investor group led by MCR Hotels and its chief executive, Tyler Morse, in a roughly $2.7 billion deal.

Soho House's Executive Chairman Ron Burkle and the Yucaipa Companies will roll their controlling shareholding in the company and retain majority control of the business, the company said.

Price: 8.86, Change: +0.01, Percent Change: +0.06

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