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Mail.ru Sells Its Stake In Facebook

Russian internet firm Mail.ru has sold its remaining 14.2 million shares in the social networking firm Facebook for over $525m. The tech firm, which is partly owned by Russia's richest man Alisher Usmanov, acquired some stake in the social networking firm for $200m four years ago. Proceeds obtained would be used to shell out a special dividend which could be revealed by late 2013.

Read the whole story at Computer Business Review »

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