Starwood Capital-Led Group Raises the Extended Stay Stakes | wsj.com

In an escalating battle over the largest U.S. hotel bankruptcy, a group of creditors led by Starwood Capital Group is trying to wrest control of the bankruptcy of Extended Stay Inc., people familiar with the matter said. The investor group -- including Fortress Investment Group LLC, D.E. Shaw Group and Five Mile Capital Partners LLC -- is proposing to buy Extended Stay's $4.