Monday, June 25, 2007

Israel's Polar Inv to buy into Extended Stay

(Reuters) - Polar seeks a 4.76 percent share in the $210 million risk
level, and would earn annual dividends of 12 percent, and REIT
revenues of about 26.5 percent.




Extended Stay owns 683 properties and about 76,000 units in
44 states and Canada and operates five brands that include
Homestead Studio Suites, StudioPLUS Deluxe Studios, Extended
Stay Deluxe and Extended Stay America and Crossland.


Read more at Reuters.com Mergers News

No comments: