Soho House to Go Private in $2.7 Billion Acquisition

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Source: The New York Times
Soho House to Go Private in $2.7 Billion Acquisition
Photo: The New York Times
TL;DR Summary

Soho House is going private in a $2.7 billion deal led by investors including MCR Hotels and Ashton Kutcher, after returning from its 2021 IPO. The company, known for exclusive private clubs, has faced challenges such as losses and criticism of its business model, but aims to continue expanding globally with new investment support.

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