Extended Stay America Seeks to Raise $593M in IPO

Extended Stay America Seeks to Raise $593M in IPO Play

Nov. 12 (Bloomberg) -- Extended Stay America, the mid-price lodging chain owned by Blackstone Group, Centerbridge Partners and Paulson & Co., plans to raise as much as $593 million in its U.S. initial public offering. Cristina Alesci reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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