Aurelius Said to Amass Oi Stock as Bankruptcy Battle DeepensBy and
Volume surged following word of telecom company’s bankruptcy
Unlike U.S., stockholders tend to drive Brazilian negotiations
Aurelius Capital Management is scooping up shares of Oi SA to bolster the hedge fund’s position in negotiations to restructure $19 billion of debt at the struggling Brazilian telephone company, people with knowledge of the matter said.
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