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Russian Firm Buys LiveJournal

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Russian Firm Buys LiveJournal - New York Times: "The owner of LiveJournal, a blogging and social-networking site, agreed yesterday to sell the company to SUP, a Russian online media company, in the latest example of deal-making in the social-networking sector. Financial terms of SUP’s deal with Six Apart, which owns LiveJournal, were not disclosed."

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