Extended Stay America Announces Secondary Offering and Repurchase of Paired Shares

Go back to Extended Stay America Announces Secondary Offering and Repurchase of Paired Shares

Extended Stay America (STAY) Prices 30M Paired Shares for Gross Proceeds of $520.5M

April 28, 2017 8:02 AM EDT

Extended Stay America (NYSE: STAY) today announced the pricing of the underwritten secondary offering (the offering) of 30,000,000 Paired Shares, each Paired Share consisting of a share of common stock of Extended Stay America, Inc. and a share of Class B common stock of ESH... More