Chewy added that the selling stockholder has granted the sale's underwriter, white-shoe investment bank Morgan Stanley, a 30-day option to purchase an additional 2.5 million shares.
Blackstone will sell Motel 6 to India-based hotel giant Oyo for $525 million, The Wall Street Journal reported. The acquisition is part of Oyo's plan for ramping up its expansion into U.S., the ...