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____
CPFL ENERGIA S.A.
A Publicly Held Company
Corporate taxpayers ID (CNPJ) 02.429.144/0001-93
Company Registry (NIRE) 353.001.861-33
ANNOUNCEMENT TO THE MARKET
The management of CPFL ENERGIA S.A. hereby announces that received, on the present date, correspondence, with the same wording, from VBC Energia S.A. and Caixa de Previdência dos Funcionários do Banco do Brasil - Previ informing that (i) the controlling shareholders of CPFL Energia S.A. and Neoenergia S.A. have initiated non binding studies to evaluate alternatives that may render synergies and create value for both companies; (ii) those studies are still preliminary, and, therefore, there is no agreement or decision as to any kind of corporate arrangements; and (iii) any developments of those studies will be promptly disclosed to the Company accordingly to CVM Instruction 358 and Brazilian corporate legislation.
São Paulo, March 11, 2011.
CPFL Energia S.A.
Wilson P. Ferreira Junior
Chief Executive Officer and Chief Financial
and Investor Relations Officer
CPFL ENERGIA S.A. | ||
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By: |
/S/ WILSON P. FERREIRA JÚNIOR
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Name: Title: |
Wilson P. Ferreira Júnior
Chief Financial Officer and Head of Investor Relations |
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.