Blackstone Group Inc (The) - Ordinary Shares - Class A

NYSE:BX   3:59:57 PM EDT
84.29
-3.54 (-4.03%)
4:00:00 PM EDT: $84.27 -0.02 (-0.02%)
Earnings Announcements, Mergers / Acquisitions

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

Published: 03/16/2021 10:20 GMT
Blackstone Group Inc (The) - Ordinary Shares - Class A (BX) - Extended Stay America Inc - at Request of Eagle Parent Holdings Lp, 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.
Revenue is expected to be $1.81 Billion
Adjusted EPS is expected to be $0.75

Next Quarter Revenue Guidance is expected to be $1.92 Billion
Next Quarter EPS Guidance is expected to be $0.82

More details on our Analysts Page.