Extended Stay sold for $3.9 billion, exits bankruptcy

10/10/2010 | Wall Street Journal, The · Bloomberg

An investment group consisting of Blackstone, Paulson & Co. and Centerbridge Partners has acquired Extended Stay out of bankruptcy. There had been a tug-of-war over the bankruptcy proposals between the secured and unsecured creditors, but these claims were eventually settled.

View Full Article in:

Wall Street Journal, The · Bloomberg

Published in Brief: