Tarsadia Capital Releases Presentation Detailing Why Fellow Shareholders Should Vote AGAINST Extended Stay America's Sale to
Highlights:
Tarsadia Notes that Sale Transaction Comes at the Wrong Time, at the Wrong Price and After a Poor Sales Process
Tarsadia Notes that More Value Can Be Created for Shareholders as a
Tarsadia Encourages Fellow Shareholders to Vote on the GOLD Card to
The presentation is available at: https://bit.ly/2S3yp5I.
In the presentation, Tarsadia outlines why the timing of the sale, price of the sale, and the sales process are flawed and therefore not in the best interests of shareholders. Tarsadia also notes that there are better alternatives that the Company can pursue to create more value, on a risk adjusted basis, for STAY shareholders.
Tarsadia Urges STAY Shareholders to Vote AGAINST the Sale
For more information about Tarsadia's views of the Sale, please go to our website: www.ABetterFutureForStay.com.
About
Disclaimer
Information about the Participants and a description of their direct or indirect interests by security holdings is contained in the definitive proxy statement filed by the Participants with the
This material does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in any state to any person. In addition, the discussions and opinions in this letter and the material contained herein are for general information only, and are not intended to provide investment advice. All statements contained in this letter that are not clearly historical in nature or that necessarily depend on future events are 'forward-looking statements,' which are not guarantees of future performance or results, and the words 'anticipate,' 'believe,' 'expect,' 'potential,' 'could,' 'opportunity,' 'estimate,' and similar expressions are generally intended to identify forward-looking statements.
The projected results and statements contained in this letter and the material contained herein that are not historical facts are based on current expectations, speak only as of the date of this letter and involve risks that may cause the actual results to be materially different. Certain information included in this material is based on data obtained from sources considered to be reliable. No representation is made with respect to the accuracy or completeness of such data, and any analyses provided to assist the recipient of this material in evaluating the matters described herein may be based on subjective assessments and assumptions and may use one among alternative methodologies that produce different results. Accordingly, any analyses should also not be viewed as factual and also should not be relied upon as an accurate prediction of future results.
All figures are unaudited estimates and subject to revision without notice.
(C) 2021 Electronic News Publishing, source