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MTG: CTC Media Enters into Agreement to Sell 75% Interest in Operating Businesses

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STOCKHOLM--(BUSINESS WIRE)--Regulatory News: MTG (STO:MTGA)(STO:MTGB) notes the announcement today by CTC Media, Inc., Russia’s leading independent media company of which MTG owns 37.9%, that it has entered into a definitive agreement to sell a 75% interest in its operating businesses. CTC Media’s full announcement can be found at http://www.ctcmedia.ru/press-center/releases. CTC Media’s common stock is traded on the NASDAQ Global Select Market under the symbol “CTCM”. MTG accounts for its inte

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