 With the subsidiary in crisis, the NEC Corporation in Japan re-purchased the shares of NEC Brazil and sold them to Globo Organizations for only onemillion US dollars ($1,000,000 USD).Shortly thereafter, Magalhães resumed the government contracts and corresponding payments, and NEC Brazil became valued at over 350million US dollars ($350,000,000 USD).In December 1986, after Magalhães had helped Globo Organizations with the successful takeover of NEC Brazil, Rede Globo network agreed to accept Magalhães' TV station in the state of Bahia as an affiliate.