Russia/Press/Moskovskiye Novosti

The Moscow Times: Gaidamak Takes Over Moskovskiye Novosti

"Moskovskiye Novosti, a flagship of the liberal press from the time of perestroika that is now suffering a deep editorial crisis, has an unexpected new owner.Arkady Gaidamak, a Moscow-born businessman with four passports and a controversial past, confirmed to Ekho Moskvy radio late Friday that he had bought the weekly newspaper."

"No details of the deal were given, and Gaidamak could not be reached Sunday. Moskovskiye Novosti had been owned by Ukrainian media magnate Vadim Rabinovich, who acquired it in July from Leonid Nevzlin, a core Menatep shareholder, who lives in Israel and is wanted in Russia on charges of fraud and tax evasion."