• Orient-Express announces share offering

Orient-Express Hotels is to sell 8,500,000 Class A common shares, at $.01 per share, a total value of $85,000.

The company intends to use the net proceeds from the offering for "general corporate purposes". The underwriters will be granted a 30-day option to purchase up to an additional 1,275,000 shares to cover any over-allotments.

See the full release here:

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