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Starwood Tries To Block $4B Extended Stay Sale

By Abigail Rubenstein (June 15, 2010, 3:44 PM EDT) -- Starwood Capital Group LLC, a losing bidder in the auction for bankrupt hotel chain Extended Stay Hotels LLC, has asked the court not to approve a sale to the winning bidders Centerbridge Partners LP, Paulson & Co. and Blackstone Group LP for $3.93 billion in cash....

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