Extended Stay America Files Preliminary Proxy Statement and Reiterates Board and Management Support for Acquisition Agreement With Blackstone and Starwood Capital Extended Stay America, Inc.
Transaction Provides Immediate, Certain and Compelling Value to Shareholders
Represents Superior Value to the Continued Execution of Extended Stay’s Strategic Plan on a Time and Risk-Adjusted Basis
Marks Culmination of Thorough Actions to Explore Value-Enhancing Alternatives
CHARLOTTE, N.C., April 13, 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 filed their preliminary joint proxy statement in connection with the Company’s previously announced definitive agreement to be acquired by a 50/50 joint venture between funds managed by Blackstone Real Estate Partners (“Blackstone”) and Starwood Capital Group (“Starwood
Leaf Group Ltd. (NYSE: LEAF)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Leaf Group Ltd. ( LEAF ) (NYSE: LEAF) in connection with the proposed acquisition of the company by Graham Holdings Company. Under the terms of the merger agreement, LEAF shareholders will receive $8.50 in cash for each share of LEAF common stock that they hold. If you own LEAF shares and wish to discuss this investigation or your rights, please call or visit our website: http://weisslawllp.com/leaf/
Kentucky Bancshares, Inc. (OTCQX: KTYB)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
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NEW YORK, April 6, 2021 /PRNewswire/ Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Leaf Group Ltd. (NYSE: LEAF) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Graham Holdings Company for $8.50 per share.
Extended Stay America, Inc. (NASDAQ: STAY) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to a joint venture between funds managed by Blackstone Real Estate Partners and Starwood Capital Group for $19.50 per share in cash.
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WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
Extended Stay America, Inc. (NASDAQ: STAY) in connection with the proposed acquisition of the company and its paired-share REIT, ESH Hospitality, Inc., by funds managed by Blackstone Real Estate Partners and Starwood Capital Group. Under the terms of the merger agreement, STAY shareholders will receive $19.50 in cash for each share of STAY common stock that they hold. If you own STAY shares and wish to discuss this investigation or your rights, please call us or visit our website: https://weisslawllp.com/stay/
Cardtronics PLC (NASDAQ: CATM)
Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of CATM for $35.00 per share.
If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].
Communications Systems, Inc. (NASDAQ: JCS)
Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of JCS and Pineapple Energy, LLC.
If you are a JCS investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780.