MOSCOW — Billionaire financier George Soros said Monday he is “in active negotiations” to buy the archives and research unit of U.S.-funded Radio Free Europe, but denied he plans to buy the radio station itself.
“Those rumors are false — or rather they are distorted,” Soros told a Moscow news conference called to announce new funding for Russian scientists.
“But we are in active negotiations to acquire the archives and the institute connected with Radio Free Europe,” he said.
The radio station and the associated Radio Liberty were set up during the Cold War to broadcast to Eastern Europe and the Soviet Union. But post-Cold War spending cuts have slashed their budgets and are likely to halve their 1,500 staff.