Starwood Capital Group is leading investment partners pledging as much as $905 million to bring Extended Stay Hotels Inc. out of bankruptcy, a deal that would trump a previous offer led by Centerbridge Partners LP.
See more here:
Sternlicht Bid for Extended Stay Trumps Centerbridge (Update2)
Topics: 905-million, capital, centerbridge, extended, extended-stay, hotels, leading-investment, partners-pledging, pledging-as-much, starwood-capital