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Has Carnival (CCL) Outpaced Other Consumer Discretionary Stocks This Year?
ZACKS· 2025-09-11 14:41
Group 1 - Carnival (CCL) is a notable stock in the Consumer Discretionary sector, currently outperforming the sector with a year-to-date return of 25.8% compared to the sector average of 10.9% [4] - The Zacks Rank for Carnival is 2 (Buy), indicating a positive earnings outlook and improving analyst sentiment, with a 7.2% increase in the full-year earnings estimate over the past three months [3][4] - Carnival is part of the Leisure and Recreation Services industry, which has gained about 10.7% this year, further highlighting its strong performance relative to its industry peers [6] Group 2 - Soho House & Co (SHCO) has also shown strong performance in the Consumer Discretionary sector, with a year-to-date return of 18.8% and a Zacks Rank of 1 (Strong Buy) [5] - The consensus estimate for Soho House & Co's current year EPS has increased significantly by 278.9% over the past three months, indicating a very positive outlook [5] - Soho House & Co belongs to the Hotels and Motels industry, which has experienced a decline of -12.9% this year, contrasting with its own strong performance [6]
IS SOHO HOUSE $9.00 PER SHARE BUYOUT FAIR? Kaskela Law LLC is Actively Investigating the Shareholder Buyout and Encourages Investors to Promptly Contact the Firm to Protect Their Financial Interests
GlobeNewswire News Room· 2025-09-05 10:00
Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of Soho House & Co Inc. to assess the fairness of the transaction for shareholders, particularly due to potential conflicts of interest involved in the deal [1][3]. Summary by Sections Buyout Details - On August 18, 2025, Soho House announced an agreement to be acquired by an investment group led by MCR and its Executive Chairman at a price of $9.00 per share in cash [2]. Conflicts of Interest - The investigation has revealed significant conflicts of interest, as Soho House's Executive Chairman Ron Burkle will retain his equity stake in the new private company, while minority shareholders will be cashed out at $9.00 per share, missing out on any future gains [3]. Shareholder Actions - Shareholders of Soho House are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options related to the investigation [4].
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SHCO and WOW on Behalf of Shareholders
Prnewswire· 2025-09-03 14:57
Group 1 - Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the sale of Soho House & Co Inc. to affiliates of MCR for $9.00 per share in cash [1] - The firm is also looking into the sale of WideOpenWest, Inc. to affiliates of DigitalBridge Investments, LLC and Crestview Partners for $5.20 per share [2] - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief on behalf of shareholders, operating on a contingent fee basis [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC free of charge to discuss their legal rights and options [4] - The firm represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions on behalf of defrauded investors [4]
SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Soho House & Co Inc. (NYSE: SHCO)
Prnewswire· 2025-08-19 22:27
Group 1 - Class Action Attorney Juan Monteverde's firm, Monteverde & Associates PC, has successfully recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1] - The firm is currently investigating Soho House & Co Inc. (NYSE: SHCO) regarding its merger with affiliates of MCR Hotels, where Workhorse shareholders are set to receive $9.00 per share in cash [1] - The article raises the question of whether the proposed transaction is a fair deal for shareholders [1] Group 2 - Monteverde & Associates PC operates from the Empire State Building in New York City and is a national class action securities firm with a successful track record in various courts, including the U.S. Supreme Court [2] - The firm emphasizes that not all law firms are equal and encourages potential clients to inquire about their past recoveries and case successes [2][4]
Shareholder Alert: The Ademi Firm investigates whether Soho House & Co Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-08-19 15:25
Core Viewpoint - The Ademi Firm is investigating SoHo House for potential breaches of fiduciary duty and other legal violations related to its going-private transaction [1] Group 1: Transaction Details - Shareholders of SoHo House will receive $9.00 per share in cash, leading to a total enterprise value of approximately $2.7 billion [2] - Executive Chairman Ron Burkle and Yucaipa Companies will roll their controlling equity interests and maintain majority control of the business [2] - Insiders at SoHo House will receive significant benefits as part of the change of control arrangements [2] Group 2: Investigation Focus - The transaction agreement imposes significant penalties on SoHo House for accepting competing bids, which may limit competing transactions unreasonably [3] - The investigation is centered on the conduct of the SoHo House board of directors and whether they are fulfilling their fiduciary duties to all shareholders [3]
SHCO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Soho House & Co. Inc. to MCR Hotels
GlobeNewswire News Room· 2025-08-19 13:45
Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Soho House & Co. Inc. for $9.00 per share in cash to an investor group led by MCR Hotels and its Chairman and CEO Tyler Morse [1][4]. Group 1: Sale Details - The sale price is set at $9.00 per share in cash [4]. - Soho Chairman Ron Burkle and his investment firm, Yucaipa, will roll over their controlling equity interests and retain majority control of the business [2][5]. - Other significant shareholders, including Richard Caring, Nick Jones, and Goldman Sachs, will also roll over the majority of their shares, while public stockholders will not have this opportunity [2][5]. Group 2: Board and Committee Actions - The sale was approved based on the recommendation of a purportedly independent Special Committee of the Board, indicating potential conflicts of interest among certain Board members [3][6]. - The investigation aims to determine if the Special Committee acted in the best interests of Soho shareholders, including the fairness of the sale price and the independence of its members [7].
Ashton Kutcher, MCR Hotels, and Soho House Just Struck a $2.7 Billion Deal, and Investors Will Want to Pay Attention
The Motley Fool· 2025-08-18 22:42
Core Insights - Ashton Kutcher is leading a consortium in a $2.7 billion deal to take Soho House private, with Kutcher joining the board [1][4] - Shareholders will receive $9 per share, an 83% premium over the pre-offer price of $4.91, although lower than the IPO price of $14 [4][9] - The deal has surprised Wall Street, as there had been no updates for over six months prior to the announcement [6][8] Company Overview - Soho House is a high-end membership club offering exclusive access to vacation properties, spas, and coworking spaces [4] - The consortium includes MCR, the third-largest owner-operator of hotels in the U.S., which has been expanding into higher-end properties [4][5] Financial Details - The share price jumped 47% following the initial offer announcement, reflecting strong market interest [7] - Current trading at approximately $8.80 indicates limited upside for new investors, as it is only 2% below the offer price [9][10] Strategic Implications - The new board members, including MCR's CEO, may influence Soho House's strategic direction post-privatization [5] - Existing shareholders may consider selling their shares now rather than waiting for the deal to close for minimal arbitrage gains [10] Market Context - Investors who missed the opportunity with Soho House may look into other undervalued online property platforms like Airbnb or Marriott Vacations Worldwide, both down over 40% from their five-year highs [11]
Soho House to go private in $2.7B deal
Proactiveinvestors NA· 2025-08-18 16:05
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a strong presence in key finance and investing hubs with bureaus and studios located in London, New York, Toronto, Vancouver, Sydney, and Perth [2] Content Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SHCO and WKHS on Behalf of Shareholders
Prnewswire· 2025-08-18 16:00
Group 1 - Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to Soho House & Co Inc.'s sale to MCR affiliates for $9.00 per share in cash [1] - Workhorse Group Inc. is undergoing a merger with Motiv Electric Trucks, resulting in Workhorse shareholders owning approximately 26.5% of the combined company post-transaction [2] - The firm may seek increased consideration for shareholders, additional disclosures, or other relief on a contingent fee basis, meaning no out-of-pocket payment for legal fees or expenses is required from shareholders [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC for a free discussion regarding their legal rights and options [4] - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having recovered millions for defrauded investors [4]
Soho House Shareholders Unhappy With Merger Should Contact Julie & Holleman LLP Regarding Potential Legal Claims
GlobeNewswire News Room· 2025-08-18 12:58
Core Insights - Julie & Holleman LLP is investigating the proposed $2.7 billion acquisition of Soho House & Co Inc. by a group including major stockholders and hotel company MCR, citing conflicts of interest and a belief that the $9 per share offer is undervalued [1][4] - Soho House, a global membership platform, has valuable assets despite facing challenges in recent years, positioning it for long-term success [2] - The acquisition deal is expected to close by the end of the year, involving MCR and controlling stockholders like Executive Chairman Ron Burkle and Yucaipa Companies LLC [3] Legal Concerns - Julie & Holleman is pursuing potential legal claims regarding the fairness of the acquisition deal, highlighting concerns over conflicts of interest as key insiders remain with the company while public shareholders may receive less than the company's true value [4]