|By Marketwired .||
|August 15, 2013 02:36 AM EDT||
MORAGA, CA -- (Marketwired) -- 08/15/13 -- Affiliates of MacKenzie Capital Management, LP (the "Purchasers") have extended the expiration date with respect to their tender offer for shares of preferred stock (the "Shares") in BRE Select Hotels Corp. (the "Company"), through September 15, 2013, and increased the price per Share being offered to $1.25 per Share, topping the issuer's self-tender.
As of the date hereof, a total of 33,120 Shares have been tendered by shareholders. No other Shares have been tendered to date. All shareholders will receive the increased price.
Shareholders should read the Offer to Purchase and the related materials carefully because they contain important information. Shareholders will be mailed a supplemental letter regarding this extension and amendment. Shareholders also may obtain a copy of these documents, without charge, from our website at www.mackenziecapital.com (click on Tenders), or by calling toll free at 800-854-8357.
800-854-8357 x. 1024
MacKenzie Capital Management, LP
1640 School Street
Moraga, California 94556