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Soho House Stock Surges 15% on $2.7B Private Buyout Deal with Ashton Kutcher
Soho House Stock Surges 15% on $2.7B Private Buyout Deal with Ashton Kutcher
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BTCCSquare news:
Soho House shares skyrocketed 15.3% following the announcement of a $2.7 billion take-private deal led by MCR Hotels. The transaction values the exclusive members' club operator at $9.00 per share—an 83% premium to its previous close. Actor Ashton Kutcher will join the board, adding celebrity cachet to the acquisition backed by Apollo Global Management and Goldman Sachs Alternatives.
The offer price marks a dramatic turnaround for the company, which went public in 2021 at $14 per share. Trading volume surged as the stock hit a 52-week high of $8.78, delivering 18.8% year-to-date gains despite historical volatility—the shares have recorded 31 moves exceeding 5% in the past year alone.
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