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Russian Internet Giant Mail.Ru Acquires Russian Social Network VKontakte

  • PC World, Tuesday, September 16, 2014 9:58 PM

Russian Internet giant Mail.Ru has acquired total control of the Russian social network VKontakte, after an ongoing shareholder dispute. Mail.Ru acquired the 48 percent of VK.com that it didn't yet own for $1.47 billion. The deal terminates the ongoing fight between the two companies. 

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