Proposed Transaction. The Transaction consists of the merger of Bratel Brasil into Oi, with the transfer of the entire equity of Bratel Brasil, substantially consisting of its investment in Oi, to Oi itself, which shall succeed said company in all respects, in all its assets, rights and obligations, such that Bratel Brasil shall be extinguished, under the terms of Article 227 of the Corporations Law (“Merger of Bratel Brasil”).
Appears in 6 contracts
Samples: Temporary Voting Agreement (Oi S.A.), Temporary Voting Agreement (Oi S.A.), Temporary Voting Agreement (Portugal Telecom SGPS Sa)