Neil Thomson joins the C-suite of the membership club company, which MCR Hotels is taking private in a $2.7 billion deal.

As Soho House faces challenges with profit, per CNN, it will now be going private. The $2.7 billion deal was spearheaded by MCR Hotels, leading shareholders to receive $9 a share, Reuters reports.

Wall Street held near its record heights on Monday, ahead of a week likely to be dominated by updates from the head of ...