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Handful of Corporate Raiders Transform Russia's Economy
New York Times ^ | August 13, 2002 | SABRINA TAVERNISE

Posted on 08/13/2002 8:12:03 AM PDT by liberallarry

KORYAZHMA, Russia, Aug. 7 — Deep in the pine forest of the Russian north, a battle is being fought over the shape of a Russian economy increasingly concentrated in the hands of just a few tycoons.

In an action giving new meaning to the concept of a hostile takeover, corporate raiders employed by one of Russia's most powerful businessmen have put a large pulp and paper mill — quite literally — under siege. A brigade of the tycoon's private security guards lies in wait, ready to take the mill, 575 miles northeast of Moscow.

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TOPICS: Business/Economy; Foreign Affairs; Russia
KEYWORDS: corporateraiders; oligarchs; russianeconomy
Very important article. Not the absence of small business.
1 posted on 08/13/2002 8:12:03 AM PDT by liberallarry
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