Mail.Ru Disposes of Remaining Facebook Shares
05 September 2013 - 9:39AM
Dow Jones News
By Olga Razumovskaya
MOSCOW--One of Russia's largest Internet companies Mail.Ru
(MAIL.LN) has disposed of its remaining shares in social network
Facebook (FB).
Mail.Ru said in a statement Thursday it sold 14.2 million shares
for over $525 million during the course of July and August.
In the fall of last year the company also disposed of its stakes
in the U.S. daily deal website Groupon (GRPN) and game maker Zynga
(ZNGA).
Write to Olga Razumovskaya olga.razumovskaya@dowjones.com
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