Two Extended Stay Directors Opposed Blackstone, Starwood Deal
Two Extended Stay Directors Opposed Blackstone, Starwood Deal Extended Stay disclosed in a regulatory filing that two of the company’s own directors opposed the deal with Blackstone. Bloomberg | Apr 14, 2021 (Bloomberg)—It turns out it’s not just some of Extended Stay America Inc.’s top shareholders who oppose its proposed $6 billion takeover. Two of the company’s own directors are against it as well. Extended Stay disclosed in a regulatory filing late Tuesday that while the majority of the board approved the deal with Blackstone Group Inc. and Starwood Capital Group, Neil Br...