Google to buy Russian ad firm
From Times Wire Services
Google Inc. agreed to buy a Russian advertising company controlled by Rambler Media Ltd. for $140 million to tap growth in the country’s online ad sales.
Google will buy 100% of ZAO Begun, Moscow-based Rambler said. Rambler, which runs Russia’s third-largest Internet search engine, agreed to pay $69.9 million to Bannatyne Ltd. for its 49.9% stake in Begun.
