Oriens Travel & Hotel Management Corp. (OTHM) and Costa Rica’s E-Net on Merger Doorstep
Oriens Travel & Hotel Management, the Next Generation International Hotel Brand Operator, has announced that the company is prepared to complete a merger with the Costa Rican entity, E-Network de Costa Rica M & A Sociedad Anomima ("E-Net"). The move came as a result of the company accepting a "Plan of Merger" during a special meeting of the Board of Directors, on Wednesday, September 10th, 2014. "This is the beginning of something real and tangible," noted a senior Board Member. "The merger of E-Network delivers an assurance to shareholders that Oriens is now set on a course that will offer…