Usmanov tightens hold on Russian social net VKontakte as founder sells stake

By Maria Kiselyova MOSCOW (Reuters) - Pavel Durov, founder of Russia's biggest social network, said he sold his stake in VKontakte (www.vk.com) to an ally of tycoon Alisher Usmanov, the site's second-largest shareholder, who has long wanted to secure control. Durov sold his 12 percent stake to Ivan Tavrin, the chief executive officer of Russian mobile phone operator Megafon, which Usmanov controls, Durov said on his VK page on Friday.

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