Extended stay america shareholders vote to approve transaction with blackstone and starwood capital

Charlotte, n.c., june 11, 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 that preliminary results show holders of a majority of its shares have voted in favor of the previously announced amended merger agreement under which the company will be acquired by funds managed by blackstone real estate partners (“blackstone”) and starwood capital for $20.50 per paired share in cash.
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