Leading Independent Proxy Advisory Firm ISS Recommends Extended Stay America Shareholders Vote AGAINST Proposed Sale to Blackstone and Starwood
- ISS Finds That Circumstances Surrounding the Sale do not inspire confidence that the proposed transaction represents the best outcome for shareholders
- Notes That current deal terms do not appear to offer a sufficiently compelling value relative to the standalone scenario Given potential upside From sector-wide recovery
- Follow ISSs Recommendation and VOTE on the GOLD Card AGAINST the Proposed Sale
NEW YORK – Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (Tarsadia),…