MEDIA
05/25/2010 05:12 am ET | Updated May 25, 2011

Alexander Lebedev Acquires Independent Newspaper

Alexander Lebedev, a Russian billionaire who was once a KGB agent stationed in London, on Thursday struck a long-awaited deal to buy The Independent newspaper, little more than a year after he acquired another of Britain's respected, major papers, The Evening Standard of London.

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