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home / news releases / BX - Extended Stay gains after report that Blackstone Starwood deal expected to pass

BX - Extended Stay gains after report that Blackstone Starwood deal expected to pass

The Blackstone Group L.P. Representing Limited Partnership Interests
hapabapa/iStock Editorial via Getty Images Extended Stay (STAY) rose 0.4% after a report that the company's sale to Blackstone (BX) and Starwood is expected to be approved by shareholders. Early results indicate that the company has enough votes for deal approval, according to traders, who cited Bloomberg headlines. The official vote is tomorrow. Yesterday, CTFN reported that Extended Stay was said to be confident it has votes for deal with Blackstone/Starwood. Last week, Proxy advisory firm ISS says to vote in favor of Extended Stay $6B sale to Blackstone/Starwood.

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Extended Stay gains after report that Blackstone, Starwood deal expected to pass
Stock Information
Company Name: The Blackstone Group L.P. Representing Limited Partnership Interests
Stock Symbol: BX
Market: NYSE
Website: blackstone.com
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