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ISS Recommends That Extended Stay America Shareholders Vote In Favor of Higher Deal Price

smarteranalyst.com
 2021-06-07

Cover picture for the articleExtended Stay America, Inc. (STAY), together with its paired-share REIT, ESH Hospitality, revealed that leading independent proxy advisory firm Institutional Shareholder Services Inc. (ISS) has reversed its prior voting recommendation. In March, STAY agreed to be taken private in a 50/50 joint venture between Blackstone Real Estate Partners (BX) and...

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