Soho House Rejects Offer

MT Newswires Live05-31

Soho House & Co (SHCO) said on Friday that the special committee of the board evaluating certain transactions, including potentially becoming a private company, concluded that an offer by an interested party did not adequately reflect the company's value and was not in the best interests of its public stockholders.

The company said it intends to hold an Investor Day later this year to update investors on its long-term growth plans.

Price: 5.25, Change: -0.08, Percent Change: -1.50

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