american tower corporation and subsidiaries notes to consolidated financial statements brazil acquisition 2014on march 1 , 2011 , the company acquired 100% ( 100 % ) of the outstanding shares of a company that owned 627 communications sites in brazil for $ 553.2 million , which was subsequently increased to $ 585.4 million as a result of acquiring 39 additional communications sites during the year ended december 31 , 2011 . during the year ended december 31 , 2012 , the purchase price was reduced to $ 585