Page is a not externally linkable
- Google
-- Google Finance, Govt, Policy and Business Issues
---- Google Rumored Close to Digg Acquisition for "Around $200 Million"


Marcia - 6:14 am on Jul 23, 2008 (gmt 0)


CNET Story:

Google talks acquisition with Digg [news.cnet.com]

Social news site Digg.com, a perpetual target of acquisition rumors, is in "final negotiations" to sell itself to Google for $200 million, according to a TechCrunch report Tuesday that cited multiple sources.

The two companies have been in talks to bring Digg into the Google News group, but it could be a few weeks before the deal closes, if it closes, according to the report.

And from the TechCrunch story:

Google’s on and off negotiations with Digg have been back on in a big way for the last six weeks, we’ve heard from multiple sources inside of Google, and the two companies are close to a deal that will bring Digg under the Google News property. The acquisition price is in the $200 million range, says one source.

Google In Final Negotiations To Acquire Digg For “Around $200 Million” [techcrunch.com]


Thread source:: http://www.webmasterworld.com/goog/3705079.htm
Brought to you by WebmasterWorld: http://www.webmasterworld.com