By Xiu Ying

RIO DE JANEIRO, BRAZIL - The shareholders of Netshoes, a company specializing in the sale of sporting goods through the Internet, agreed at a meeting on Friday, June 14th, to accept Magazine Luiza's offer for the acquisition of control over the company, with the concurrence of 90.32 percent of shareholders.

As a result of the decision, the sale of Netshoes will be carried out at a value of US$3.70 per share, the equivalent of approximately US$114.9 million (about R$448 million, considering the dollar exchange rate at R$3.90).

The amount . . .

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