A roadside chain for more than 50 years, Motel 6 was owned by Blackstone, the private equity giant. Oyo will pay $525 million in an all-cash deal. Mergers, Acquisitions and Divestitures, Private Equity, Hotels and Travel Lodgings, Blackstone Group, The, Motel 6, Oyo (Oravel Stays Pvt Ltd), India A roadside chain for more than 50 years, Motel 6 was owned by Blackstone, the private equity giant. Oyo will pay $525 million in an all-cash deal. NYT > Business
Motel 6 Is Sold to Oyo, an Indian Hotel Company Expanding in the U.S.
