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Mail.Ru, Russian Email Service, Cuts Stakes In Facebook, Groupon And Zygna

Russian email-to-social networking group Mail.Ru has sold off parts of its stakes in Facebook, Groupon and Zynga, raising $200 - $250 million from the sales. A spokesperson for the group commented, "We've always been very clear that Groupon, Zynga and Facebook, positioned inside of Mail, are financial assets, not strategic ones."

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