In the end it was not the Pellas Group that saved the newspaper, but Ramiro Ortiz Mayorga, an entrepreneur who has signed an agreement on funding.
The financial and economic crisis in El Nuevo Diario seems to have found a solution, at least for now. The fate that could have befallen the online newspaper opposing the Sandinista government had caused serious concern because of the imbalance that would have occurred in the media, seeing as the most interested in acquiring the paper was an economic group closely akin to the government.
A General Practice law firm which specializes in Business and Commercial Law as well as Foreign Investment in Costa Rica. Our firm originally established in 1940, currently operates offices in San José and Guanacaste
Operates in Costa Rica
Phone: (506) 2258 2525
To create greater prosperity in emerging markets by harnessing the power of private enterprise solutions to poverty.
Operates in Costa Rica, Guatemala, Honduras, Nicaragua and Panama
Phone: (1-617) 209-7506