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Actionable news in STAY: EXTENDED STAY AMERICA Inc,

Major owner of Extended Stay America, Inc. just disposed of 5,000,000 shares

Real Estate Blackstone, a major owner of Extended Stay America, Inc., recently disposed of 5,000,000 shares of the company. The disposals took place at $16.64 per share, on November 18, 2015. Blackstone now owns just 129,914 shares of the company. Blackstone operates out of New York, NY. Some additional info was provided as follows:

This amount represents the $17.25 public offering price per Paired Share (as defined below), less the underwriting discount of $0.61 per Paired Share. Each Paired Share is comprised of one share of common stock, par value $0.01 per share, of Extended Stay America, Inc. and one share of Class B Common Stock, par value $0.01 per share, of ESH Hospitality, Inc., which shares are paired and traded as a single unit. A Form 4 reflecting the hol dings of Paired Shares by the Reporting Persons shown on this Form 4 has been concurrently filed with respect to ESH Hospitality, Inc. as issuer. These Paired Shares are directly held by Blackstone Real Estate Partners VI.A-ESH L.P. These Paired Shares are directly held by Blackstone Real Estate Partners VI.B-ESH L.P. These Paired Shares are directly held by Blackstone Real Estate Partners VI.C-ESH L.P. These Paired Shares are directly held by Blackstone Real Estate Partners (AIV) VI-ESH L.P. These Paired Shares are directly held by Blackstone Real Estate Partners VI.TE.1-ESH L.P. These Paired Shares are directly held by Blackstone Real...

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