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End Of An Era As VKontakte Founder Durov Sells His Stake To Russian Mobile Giant

Pavel Durov, the elusive founder of VKontakt (VK), at 100 million users Russia's biggest social network, has confirmed that he has sold his 12 percent stake stake to Ivan Tavrin, the CEO of major Russian mobile operator Megafon. The telco's second-largest shareholder is Alisher Usmanov, one of Russia's most powerful oligarchs, a man who has long been lobbying to take over VK.
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