BRIEF-Extended Stay America Inc Says At Request Of Eagle Parent Holdings L.P., Co Will Pay Special Divided Of Up To $1.75/Share Under Merger Deal

Reuters · 03/16/2021 10:11
BRIEF-Extended Stay America Inc Says At Request Of Eagle Parent Holdings L.P., Co Will Pay Special Divided Of Up To $1.75/Share Under Merger Deal

- Extended Stay America Inc STAY.O:

  • EXTENDED STAY AMERICA INC - AT REQUEST OF EAGLE PARENT HOLDINGS L.P., CO WILL PAY SPECIAL DIVIDED OF UP TO $1.75/SHARE UNDER MERGER DEAL

  • EXTENDED STAY AMERICA INC - MERGER CONSIDERATION WILL BE REDUCED BY AMOUNT OF SPECIAL DIVIDEND

  • EXTENDED STAY AMERICA - UPON TERMINATION OF MERGER DEAL IN SOME CIRCUMSTANCES, EAGLE PARENT WILL BE REQUIRED TO PAY TERMINATION FEE OF $300 MILLION

Source: [https://bit.ly/2OFEvb0]

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