UPDATE 1-Batista's Oleo e Gas says reaches deal with majority of holders of $3.8 bln in bonds

RIO DE JANEIRO, Dec 24 (Reuters) - Brazilian tycoon Eike Batista's 0leo E Gas Participacoes SA, formerly known as OGX, has reached a deal with the majority of holders of bonds totaling $3.8 billion,...

from Reuters: Financial Services and Real Estate http://feeds.reuters.com/~r/reuters/financialServicesRealEstateNews/~3/rT4ryqKQebY/story01.htm