SECURITIES AND EXCHANGE COMMISSION
For the month of March, 2011
Commission File Number 1-14493
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
FINAL RESULT OF THE AUCTION HELD ON MARCH 18, 2011, OF THE TENDER OFFER FOR ACQUISTION OF THE OUTSTANDING COMMON SHARES ISSUED BY VIVO PARTICIPAÇÕES S.A. (“OFFER”)
São Paulo, March 18th, 2011 – VIVO Participações S.A. (“Vivo Part.”), announces that SP Telecomunicações Participações Ltda. (“SP Telecom” – the Offeror), has acquired at the Offer Auction held on this date, the following amount of common shares of Vivo Part..
Negotiation Code |
amount of shares acquired at the Offer Auction |
VIVO3 |
10,634,722 |
Vivo Part. also announces that, after the financial settlement of the auction to be held on March 23rd, 2011, is foreseen that SP Telecom will hold 7.75% of common shares issued by Vivo Part., representing 2.65% of its total capital stock.
VIVO – Investor Relations Cristiane Barretto Sales Av. Chucri Zaidan, 860 – Morumbi – SP – 04583-110 Informations available on the website: http://www.vivo.com.br/ir |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: March 22, 2011
VIVO PARTICIPAÇÕES S.A. |
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By: |
/S/ Cristiane Barretto Sales
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Cristiane Barretto Sales
Investor Relations Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.