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Russia blocks Google acquisition of ZAO Begun: WSJ

SAN FRANCSICO (MarketWatch) — Google Inc.’s $140 million acquisition of online advertising company ZAO Begun from Rambler Media Ltd. has been blocked by Russian antitrust regulators, The Wall Street Journal reported Thursday on its Web site. The reason behind the decision by Russia’s Federal Anti-Monopoly Service was not immediately clear, according to the Journal.
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Original post by Forextvblog