Tarsadia issues open letter urging extended stay america shareholders to vote against proposed sale to blackstone and starwood

New york--(business wire)--tarsadia capital, llc together with its affiliates, associates and funds it manages (“tarsadia”), today released an open letter to shareholders of extended stay america, inc. (nasdaq: stay) (“stay” or the “company”) encouraging them to continue to oppose the company's proposed sale to blackstone real estate partners and starwood capital group (the “sale”). tarsadia also noted that independent proxy advisor glass, lewis & co. reiterated its recommendation that shar
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