>Extended Stay Has ‘Number of Bidders’ Before Auction

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>May 13 (Bloomberg) — Extended Stay Hotels Inc. is talking to a “number of interested bidders” as it prepares for an auction of its assets later this month, the hotel chain’s lawyer said.

Jacqueline Marcus, Extended Stay’s bankruptcy lawyer, said today at a court hearing that the company has heard from “various parties” that are interested in making investment proposals for the company

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