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[Posted on March 7, 2008 - 11:11 AM]

 

digg1.jpgMost everyone by now is tired of hearing rumors about an impending acquisition of social news site Digg Inc., a company that has seemingly been on the block since Al Gore discovered the Internet. The latest, courtesy of TechCrunch, is that four companies -- two media organizations along with Google Inc. [GOOG] and Microsoft Corp. [MSFT] -- are in "heavy due dilligence" with Digg and could be close to making bids. TechCrunch even throws out that Google will likely offer between $200 million and $225 million and Digg would accept it. Allen & Co. is handling the sale. - David Shabelman

See March 7 post from TechCrunch
See March 7 post from News.com
See December 2007 post from Tech Confidential

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Behind the Money, Episode 30: Electronic Arts bid for Take-Two

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