Brazils Oi Participacoes To Buy Rival Brasil Telecom For $3.5B [Archive] - In Search of Chicas

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04-28-2008, 09:40 PM

(FinancialWire) Brazil's Oi Participacoes (NYSE: TNE) has agreed to buy control of local rival Brasil Telecom SA (NYSE: BTM) for $3.5 billion, to compete on a regional basis with Spain's Telefonica (N...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/14459899/)