Ex-KGB Russian oligarch buysLondon's Evening Standard

Ex-KGB Russian oligarch buys British newspaper
A Russian billionaire businessman has bought a controlling share in London's Evening Standard newspaper. The former KGB agent Alexander Lebedev will acquire more than 75 percent in one of Britain's oldest newspapers for a nominal sum. The Evening Standard has suffered sliding sales due to increased competition from free newspapers. Lord Jonathan Rothermere, chairman of parent company Daily Mail and General Trust, said he was conviced that Lebedev would continue to invest in the Evening Standard.