• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form DFRN14A filed by Extended Stay America, Inc.

    6/7/21 3:46:30 PM ET
    $STAY
    Hotels/Resorts
    Consumer Services
    Get the next $STAY alert in real time by email
    DFRN14A 1 p21-1540dfrn14a.htm EXTENDED STAY AMERICA, INC.

    SCHEDULE 14A

    Proxy Statement Pursuant to Section 14(a)

    of the Securities Exchange Act of 1934

     

    Filed by the Registrant ¨

     

    Filed by a Party other than the Registrant x

     

    Check the appropriate box:

     

    ¨ Preliminary Proxy Statement
    ¨ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
    ¨ Definitive Proxy Statement
    x Definitive Additional Materials
    ¨ Soliciting Material Under Rule 14a-12

     

    Extended Stay America, Inc.

    (Name of Registrant as Specified In Its Charter)

     

    Tarsadia Capital, LLC

    Ravi Bellur

    Michael Ching

    Vikram Patel

    Ross H. Bierkan

    Stephen P. Joyce

    Michael A. Leven

     

    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

     
     

     

    Payment of Filing Fee (check the appropriate box):

     

    x No fee required.
       
    ¨ Fee computed on table below per Exchange Act Rule 14a-6(i)(4) and 0-11.

     

      1) Title of each class of securities to which transaction applies:
         
         
         
      2) Aggregate number of securities to which transaction applies:
         
         

     

      3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act
    Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

     

         
         
      4) Proposed maximum aggregate value of transaction:
         
         
         
      5) Total fee paid:
         
         
         

     

    ¨ Fee paid previously with preliminary materials.

     

    ¨ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the
    filing for which the offsetting fee was paid previously.  Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

     

      1) Amount Previously Paid:
         
         
         
      2) Form, Schedule or Registration Statement No.:
         
         
         
      3) Filing Party:
         
         
         
      4) Date Filed:

     

     

     
     

    DATED JUNE 7, 2021

     

    EXTENDED STAY AMERICA, INC.

    __________________________

     

    SUPPLEMENT TO

     

    PROXY STATEMENT

     

    OF

     

     

    _________________________

     

    PLEASE USE THE GOLD PROXY CARD TO VOTE BY TELEPHONE OR INTERNET TODAY. ALTERNATIVELY, YOU MAY SIGN, DATE AND RETURN THE GOLD PROXY CARD BY MAIL.

     

    The following supplements the definitive proxy statement, filed with the Securities and Exchange Commission (the “SEC”) on May 7, 2021 (the “Tarsadia Proxy Statement”), as supplemented on May 25, 2021, by Tarsadia Capital, LLC and certain of its affiliates (“Tarsadia”) in connection with its solicitation of proxies (the “Proxy Solicitation”) from the shareholders of Extended Stay America, Inc., a Delaware corporation (the “Company” or “STAY”) for the special meeting of shareholders in connection with the Merger Proposals (the “Special Meeting”). Capitalized terms used herein, but not otherwise defined shall have the meanings set forth in the Tarsadia Proxy Statement.

     

    The Tarsadia Proxy Statement is hereby supplemented to disclose that (i) the Merger Agreement was amended on May 31, 2021, to raise the Merger Consideration by $1 to $20.50 per share of Common Stock1 and (ii) the Board has authorized the adjournment of the Special Meeting, previously scheduled for June 8, 2021, to be reconvened on June 11, 2021, at 8:30 a.m., Eastern Time. The Special Meeting will be a virtual meeting held exclusively online via a live audio webcast at www.virtualshareholdermeeting.com/STAY2021SM. The record date for the Special Meeting will remain April 19, 2021.2

     

    IMPORTANT

     

    Tell your Board what you think! YOUR VOTE IS VERY IMPORTANT, no matter how many or how few shares you own. Please give us your proxy to vote “AGAINST” STAY’s Merger Proposals by using one of the four options below:

     

    oVoting via Internet by following the easy instructions on the enclosed GOLD proxy card, or voting instruction form;

     

    oVoting by telephone using the toll-free number listed on the enclosed GOLD proxy card or voting instruction form and following the easy voice prompts;

     

    oIn light of ongoing delays with the postal system, we encourage all shareholders to vote electronically. If you do not have access to a touch-tone phone or Internet, you may sign, date and return the enclosed WHITE proxy card or voting instruction form in the postage-paid envelope provided; or

     

    oVirtually attending the Special Meeting and voting by ballot thereat.

     

    If any of your shares are held in the name of a broker, bank, bank nominee, or other institution, they can only vote your shares upon receipt of your specific instructions. Depending upon your broker or custodian, you may be able to vote either by toll-free telephone or by Internet. You may also vote by signing, dating and returning the enclosed GOLD voting form in the postage-paid envelope provided.

     


    [1] See Company's Form 8-K filed with the SEC on June 2, 2021.

    [2] Id. 

     

     

    After submitting your vote using the enclosed GOLD proxy card, we urge you to NOT SIGN OR RETURN STAY’S WHITE PROXY CARD because only your latest dated proxy card will be counted.

     

    If you have previously signed and returned a white proxy card to STAY, you have every right to change your vote. Only your latest dated proxy card will count. You may revoke any proxy card already sent to STAY by voting by telephone or Internet following the instructions on the enclosed GOLD proxy card or signing, dating and returning the enclosed GOLD proxy card in the postage-paid envelope provided. Any proxy may be revoked at any time prior to the Special Meeting by delivering a written notice of revocation to the Company, by delivering or a later dated proxy for the Special Meeting or by virtually voting at the Special Meeting after registering. Virtual attendance at the Special Meeting will not in and of itself constitute a revocation.

     

    If you have any questions concerning the Tarsadia Proxy Statement, would like to request additional copies of the Tarsadia Proxy Statement, or need help voting your shares, please contact our proxy solicitor:

     

     

     

     

    509 Madison Avenue

    Suite 1206

    New York, NY 10022

     

     

    Stockholders Call Toll Free: (800) 662-5200

    E-mail: [email protected]

     

     

     

     

    Get the next $STAY alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $STAY

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $STAY
    Leadership Updates

    Live Leadership Updates

    See more
    • Everview Partners Launches New Private Investment Firm and Announces Key Initial Hires

      Billy Rahm to Lead Established Team of Alternative Real Assets Investors NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Everview Partners, L.P. ("Everview" or the "Firm") today announced its launch as a newly formed private investment firm founded by Billy Rahm on the belief that applying both private equity and credit expertise to U.S. real asset investments could yield enduring performance across market cycles. Rahm brings over 20 years of leadership and real asset investing experience across leading alternative asset management firms including Centerbridge and Blackstone. "With the

      2/4/25 10:00:00 AM ET
      $BRX
      $RADI
      $SUI
      $STAY
      Real Estate Investment Trusts
      Real Estate
      Telecommunications Equipment
      Consumer Discretionary
    • 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 ISS's Recommendation and VOTE on the GOLD Card AGAINST the Proposed Sale Tarsadia Capital, LLC together with its affiliates, associates and funds it manages ("Tarsadia"), today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. ("ISS") has recommended that Extended Stay America, Inc. (NASDAQ:STAY) ("STAY" or the "C

      5/28/21 11:45:00 AM ET
      $STAY
      Hotels/Resorts
      Consumer Services

    $STAY
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Extended Stay America, Inc.

      SC 13G - Extended Stay America, Inc. (0001581164) (Subject)

      6/11/21 4:14:33 PM ET
      $STAY
      Hotels/Resorts
      Consumer Services
    • SEC Form SC 13G filed by Extended Stay America, Inc.

      SC 13G - Extended Stay America, Inc. (0001581164) (Subject)

      5/3/21 4:08:19 PM ET
      $STAY
      Hotels/Resorts
      Consumer Services
    • SEC Form SC 13D/A filed by Extended Stay America, Inc.

      SC 13D/A - Extended Stay America, Inc. (0001581164) (Filed by)

      3/18/21 3:21:22 PM ET
      $STAY
      Hotels/Resorts
      Consumer Services

    $STAY
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Extended Stay America downgraded by Macquarie with a new price target

      Macquarie downgraded Extended Stay America from Outperform to Neutral and set a new price target of $19.50

      5/25/21 6:55:50 AM ET
      $STAY
      Hotels/Resorts
      Consumer Services
    • Morgan Stanley reiterated coverage on Extended Stay America with a new price target

      Morgan Stanley reiterated coverage of Extended Stay America with a rating of Equal-Weight and set a new price target of $20.00 from $16.00 previously

      5/17/21 8:12:35 AM ET
      $STAY
      Hotels/Resorts
      Consumer Services
    • Extended Stay America downgraded by Stifel with a new price target

      Stifel downgraded Extended Stay America from Buy to Hold and set a new price target of $19.50 from $17.50 previously

      3/17/21 6:50:38 AM ET
      $STAY
      Hotels/Resorts
      Consumer Services

    $STAY
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Everview Partners Launches New Private Investment Firm and Announces Key Initial Hires

      Billy Rahm to Lead Established Team of Alternative Real Assets Investors NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Everview Partners, L.P. ("Everview" or the "Firm") today announced its launch as a newly formed private investment firm founded by Billy Rahm on the belief that applying both private equity and credit expertise to U.S. real asset investments could yield enduring performance across market cycles. Rahm brings over 20 years of leadership and real asset investing experience across leading alternative asset management firms including Centerbridge and Blackstone. "With the

      2/4/25 10:00:00 AM ET
      $BRX
      $RADI
      $SUI
      $STAY
      Real Estate Investment Trusts
      Real Estate
      Telecommunications Equipment
      Consumer Discretionary
    • Extended Stay America Launches Premier Suites

      CHARLOTTE, N.C., June 29, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, the nation's leading mid-priced extended stay hotel company, is pleased to announce the launch of Extended Stay America Premier Suites. The elevated brand builds on the strength of Extended Stay America's industry-leading portfolio of more than 650 hotels. Comprised of 25 new or completely renovated properties across the United States, Extended Stay America Premier Suites offers guests a premium experience based on what extended stay travelers value most according to extensive guest research. "We're thrilled to announce the launch of Extended Stay America Premier Suites, which was informed entirely by our guests'

      6/29/21 3:00:00 PM ET
      $STAY
      Hotels/Resorts
      Consumer Services
    • Blackstone and Starwood Capital Group Complete Acquisition of Extended Stay America

      CHARLOTTE, N.C., June 16, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. ("ESA") and its paired-share REIT, ESH Hospitality, Inc. ("ESH" and, together with ESA, "Extended Stay" or the "Company") (NASDAQ:STAY) today announced the completion of their previously announced acquisition by funds managed by Blackstone Real Estate Partners ("Blackstone") and Starwood Capital Group for $20.50 per paired share in cash in a transaction valued at approximately $6 billion. As required under the terms of the Company's definitive merger agreement, the Board of Directors of ESA, on June 15, 2021, declared a special cash dividend of $1.75 per share of common stock of ESA that was paid immediately

      6/16/21 9:56:41 AM ET
      $STWD
      $BXMT
      $STAY
      Real Estate Investment Trusts
      Real Estate
      Hotels/Resorts
      Consumer Services

    $STAY
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4: Weissman Howard J was granted 16,971 units of Paired Shares and returned $1,071,975 worth of Paired Shares to the company (57,172 units at $18.75) , closing all direct ownership in the company

      4 - Extended Stay America, Inc. (0001581164) (Issuer)

      6/21/21 5:28:52 PM ET
      $STAY
      Hotels/Resorts
      Consumer Services
    • SEC Form 4: WALLMAN RICHARD F returned $2,076,994 worth of Paired Shares to the company (249,889 units at $8.31) , closing all direct ownership in the company

      4 - Extended Stay America, Inc. (0001581164) (Issuer)

      6/21/21 5:26:22 PM ET
      $STAY
      Hotels/Resorts
      Consumer Services
    • SEC Form 4: Templeton Nancy returned $511,519 worth of Paired Shares to the company (27,281 units at $18.75) and was granted 15,819 units of Paired Shares, closing all direct ownership in the company

      4 - Extended Stay America, Inc. (0001581164) (Issuer)

      6/21/21 5:23:27 PM ET
      $STAY
      Hotels/Resorts
      Consumer Services

    $STAY
    Financials

    Live finance-specific insights

    See more
    • Blackstone and Starwood Capital Group Complete Acquisition of Extended Stay America

      CHARLOTTE, N.C., June 16, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. ("ESA") and its paired-share REIT, ESH Hospitality, Inc. ("ESH" and, together with ESA, "Extended Stay" or the "Company") (NASDAQ:STAY) today announced the completion of their previously announced acquisition by funds managed by Blackstone Real Estate Partners ("Blackstone") and Starwood Capital Group for $20.50 per paired share in cash in a transaction valued at approximately $6 billion. As required under the terms of the Company's definitive merger agreement, the Board of Directors of ESA, on June 15, 2021, declared a special cash dividend of $1.75 per share of common stock of ESA that was paid immediately

      6/16/21 9:56:41 AM ET
      $STWD
      $BXMT
      $STAY
      Real Estate Investment Trusts
      Real Estate
      Hotels/Resorts
      Consumer Services
    • Blackstone and Starwood Capital Increase Offer to Acquire Extended Stay America to $20.50 in Cash Per Paired Share and Amend Definitive Merger Agreement

      Represents "Best and Final" Offer from Blackstone and Starwood Capital and Provides Enhanced, Immediate and Certain Value Amended Agreement Unanimously Approved by Both Extended Stay Boards of Directors Special Meetings to be Adjourned to June 11, 2021 Shareholders Urged to Vote "FOR" the Amended Transaction on the WHITE Company Proxy Card CHARLOTTE, N.C., June 01, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. ("ESA") and its paired-share REIT, ESH Hospitality, Inc. ("ESH" and together with ESA, the "Company" or "STAY") (NASDAQ:STAY), Blackstone Real Estate Partners ("Blackstone") and Starwood Capital Group ("Starwood Capital") announced today that they have signed an

      6/1/21 8:00:00 AM ET
      $BXMT
      $STAY
      $STWD
      Real Estate Investment Trusts
      Real Estate
      Hotels/Resorts
      Consumer Services
    • Extended Stay America Files Definitive Proxy Materials in Connection With the Acquisition Agreement With Blackstone and Starwood Capital

      Sets June 8, 2021 as Special Meeting Date to Vote on the Transaction Letter to Shareholders Highlights Immediate, Compelling and Certain Value of the Transaction that is Superior to Execution of Standalone Plan Says Future Value Creation Beyond Transaction Price Would Require Flawless Execution and Significant Multiple Re-Rating Underscores Transaction Price at 50%+ Premium to Pre-Pandemic Share Price Already Reflects Substantial Credit for Strategic Plan and Post-Pandemic Recovery CHARLOTTE, N.C., April 26, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. ("ESA") and its paired-share REIT, ESH Hospitality, Inc. ("ESH" and, together with ESA, "Extended Stay" or the "Company") (NA

      4/26/21 8:00:00 AM ET
      $STAY
      Hotels/Resorts
      Consumer Services

    $STAY
    SEC Filings

    See more
    • SEC Form 15-12B filed by Extended Stay America, Inc.

      15-12B - Extended Stay America, Inc. (0001581164) (Filer)

      6/28/21 4:49:59 PM ET
      $STAY
      Hotels/Resorts
      Consumer Services
    • SEC Form S-8 POS filed by Extended Stay America, Inc.

      S-8 POS - Extended Stay America, Inc. (0001581164) (Filer)

      6/16/21 4:40:29 PM ET
      $STAY
      Hotels/Resorts
      Consumer Services
    • SEC Form POSASR filed by Extended Stay America, Inc.

      POSASR - Extended Stay America, Inc. (0001581164) (Filer)

      6/16/21 4:38:23 PM ET
      $STAY
      Hotels/Resorts
      Consumer Services