Holiday News| More...
 

Digg Reportedly To Be Sold For $300M

digg Share this on Facebook Huffpost - Digg Reportedly To Be Sold For $300M stumble reddit del.ico.us RSS


First Posted: 11- 8-07 10:15 AM   |   Updated: 03-28-08 02:45 AM

I Like ItI Don’t Like It
Read More: Digg, Digg For Sale, Digg Pricetag, Media News
Digg

Valleywag:

Digg is close to announcing its sale to a major media player for $300 million to $400 million, according to sources close to the company, I hear. When I floated this Digg rumor past some knowledgeable friends, several scoffed: "When isn't Digg up for sale?" It's true: The news-discussion site is perpetually in talks -- but we hear the price tag always sinks potential deals before they're consummated. CBS, for example, backed off, with effervescent dealmaker Quincy Smith citing the media company's bubbly $280 million purchase of Last.fm as the reason it couldn't bid a high price for Digg. Things are different now, though.

Read the whole story: Valleywag

Digg is close to announcing its sale to a major media player for $300 million to $400 million, according to sources close to the company, I hear. When I floated this Digg rumor past some knowledgeable...
Digg is close to announcing its sale to a major media player for $300 million to $400 million, according to sources close to the company, I hear. When I floated this Digg rumor past some knowledgeable...
Filed by Danny Shea  |  Report Corrections
 
Comments
1
Pending Comments
0
iPhone App Promo

Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to

View Comments:
- pdxuser I'm a Fan of pdxuser 2 fans permalink

The headline on the Media frontpage currently says $3M. I'm guessing you'd like to fix that.

    Favorite    Flag as abusive Posted 01:02 PM on 11/09/2007
Comments are closed for this entry

 You must be logged in to comment. Log in  or connect with 

Connect