BTG Hotels Receives Anti-Monopoly Clearance for Merger with Homeinns Hotel Group

Homeinns Hotel Group | March 15, 2016

SHANGHAI, March 15, 2016 -- Homeinns Hotel Group ("Homeinns" or the "Company") (NASDAQ: HMIN), a leading economy hotel chain in China, today announced BTG Hotels (Group) Co., Ltd., a PRC joint stock company that is listed on the Shanghai Stock Exchange ("BTG Hotels"), has received clearance from the Ministry of Commerce of the People's Republic of China pursuant to the Anti-Monopoly Law of the People's Republic of China ("PRC Anti-Monopoly Clearance") with respect to the merger (the "Merger") contemplated by the previously announced Agreement and Plan of Merger (the "Merger ...