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Regional bank consolidation continues with three new bank deals announced last week. Extended Stay America catches a higher bid. Chamath Palihapitiya files for four new biotech-focused SPACs. For further details see: Merger Arbitrage Mondays: Extended Stay America Receiv...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
Extended Stay America Inc. (NASDAQ:STAY) traded at a new 52-week high today of $20.28. So far today approximately 733,000 shares have been exchanged, as compared to an average 30-day volume of 2.9 million shares. Over the past year, Extended Stay America Inc. has traded in a range of $10...
CHARLOTTE, N.C., June 04, 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 tha...
Proxy advisory firm ISS has changed its recommendation on the Extended Stay (STAY) sale to Blackstone/Starwood and now recommends voting in favor of the deal.ISS recommends Extended Stay holders vote in favor of the deal, according to a copy of the report obtained by Seeking Alpha.The change ...
Extended Stay (STAY) holder Zimmer Partners plans to vote in favor of sale to Blackstone Real Estate and Starwood Capital after the increased $20.50 offer this week.Zimmer Partners owns less than 5% of the company, Dealreporter said, citing interview with Steven Franke,l who's head of real es...
After proxy advisory firm ISS recommended Extended Stay America (STAY) shareholders vote against the REIT's planned sale to Blackstone (BX) and Starwood Capital Group, the two prospective buyers agree to pay $1 per share more in cash for Extended Stay America, saying it's their "best and fina...
Represents “Best and Final” Offer from Blackstone and Starwood Capital and Provides Enhanced, Immediate and Certain Value Amended Agreement Unanimously Approved by Both Extended Stay Boards of Directors Special Meetings to be Adjourned to June 11, 2021 ...
Proxy firm ISS has come out against Extended Stay's (STAY) planned sale to Blackstone (BX) Real Estate Partners and Starwood Capital Group.ISS recommends Extended Stay holders vote against the deal at an upcoming meeting, according to a copy of the report obtained by Seeking Alpha.D...
NEW YORK, NY / ACCESSWIRE / May 25, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Domtar Corporation (NYSE:UFS) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties rel...
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CHARLOTTE, N.C., June 29, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, the nation’s leading mid-priced extended stay hotel company, is pleased to announce the launch of Extended Stay America Premier Suites. The elevated brand builds on the strength 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...
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 tha...