Reuters: Mergers News: Russia's Mail.ru, VKontakte, to work together

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Russia's Mail.ru, VKontakte, to work together May 29th 2012, 06:14 MOSCOW | Tue May 29, 2012 2:14am EDT MOSCOW May 29 (Reuters) - Russian internet group Mail.ru said on Tuesday it had agreed to work with social network VKontakte.ru on a range of issues facing internet firms in Russia amid increasing global competition. The company, which owns 39.9 percent of VKontakte - known as Russia's answer to Facebook - said it would give VKontakte CEO Pavel Durov broad power of attorney over the voting rights to its stake.

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