Brazil's Oi shareholders reiterate support for in-court reorganization

viernes 22 de julio de 2016 17:13 GYT

SAO PAULO, July 22 (Reuters) - Shareholders of Oi SA reiterated on Friday their support for efforts by the management of Brazil's largest fixed-line phone carrier to pursue an in-court reorganization, which would be the country's biggest ever.

The company informed regulators of shareholder endorsement for the plan in a securities filing. Shareholders first authorized management of Oi to seek bankruptcy protection on June 20. (Reporting by Guillermo Parra-Bernal; Editing by Cynthia Osterman)