Bloomberg News

CTC Media Slides to Two-Week Low in U.S. on CEO Departure Report

December 14, 2011

Dec. 14 (Bloomberg) -- CTC Media Inc., the Russian television network listed in the U.S., slid to the lowest level in more than two months in New York on a report Chief Executive Officer Anton Kudryashov will leave the company.

CTC dropped 3.6 percent to $8.84 by 11:23 a.m. in New York, after earlier slumping as much as 4.3 percent to $8.78, the lowest intraday level since Oct. 4.

To contact the reporter on this story: Halia Pavliva in New York at

To contact the editor responsible for this story: Emma O’Brien at

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