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John Paulson Reveals Massive Position in Extended Stay America Before IPO

John Paulson and his fund, Paulson & Co., provided the public with a glimpse on its holdings in Extended Stay America (NYSE:STAY), the largest company-branded hotels owner and operator in the U.S. and Canada, which is expected to go public today, on November 13. Paulson revealed holding a total of 55,711,591 shares of the company, plus 7,036 shares of Series A Preffered stock. We will keep you updated regarding this move.

PAULSON & CO

Disclosure: none

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