Blackstone and starwood capital group complete acquisition of extended stay america

Charlotte, n.c., june 16, 2021 (globe newswire) -- extended stay america, inc. (“esa”) and its paired-share reit, esh hospitality, inc. (“esh” and, together with esa, “extended stay” or the “company”) (nasdaq: stay) today announced the completion of their previously announced acquisition by funds managed by blackstone real estate partners (“blackstone”) and starwood capital group for $20.50 per paired share in cash in a transaction valued at approximately $6 billion.
STAY Ratings Summary
STAY Quant Ranking