Russian tycoon eyes newspaper buyout for election bid

Mikhail Prokhorov hopes to challenge Prime Minister Putin in presidential election next March
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Russian metals tycoon and US basketball team owner Mikhail Prokhorov gestures during his news conference in Moscow (AFP/Getty Images)
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The billionaire who hopes to challenge prime minister Vladimir Putin in a presidential election next March (AFP/Getty Images)
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Opposition activists take part in their authorised rally to protest against the alleging mass fraud in the Dec 4 parliamentary polls (AFP/Getty Images)
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Former cabinet minister Boris Nemtsov speaks during an authorised opposition protest (AFP/Getty Images)
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Prokhorov is exploring a bid for the influential daily Kommersant to back up his campaign. The tycoon, who needs 2 million signatures or a party nomination in order to run (AFP/Getty Images)
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A source at Onexim, Prokhorov's investment fund, told Reuters that Onexim was in the early stages of negotiations to buy the Kommersant publishing house from tycoon Alisher Usmanov (AFP/Getty Images)
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Writer and leader of the Another Russia un-registered opposition party, Eduard Limonov speaks during an authorised opposition protest (AFP/Getty Images)
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Prokhorov announced on Monday that he would run for president against Putin, who remains Russia's most popular politician even though his ruling United Russia party saw its vote slide sharply in this month's parliamentary election (AFP/Getty Images)