Russian telecom VimpelCom (VIP -2.5%) will spend $470M to initiate a squeeze-out of the 2.13% of...

|About: VimpelCom (VIP)|By:, SA News Editor

Russian telecom VimpelCom (VIP -2.5%) will spend $470M to initiate a squeeze-out of the 2.13% of shares that weren't tendered as part of the company's merger with Kyivstar.