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Google is buying Digg?
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TechCrunch information says that soon Google can buy Digg, number one web voting place, after several weeks of negotiations. From the TechCrunch words, the companies have reportedly signed a letter of intent and 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. The companies are now in final negotiations according to TechCrunch sources, although it could be a couple of weeks before it closes. And while the major deal points have been agreed on, the acquisition could still fall apart. Microsoft, which was previously interested in the company, may be willing to step back in at a much lower price.
Digg is a user driven social content website. Everything on Digg is user-submitted. After you submit content, other people read your submission and “Digg” what they like best. Read more for Digg..
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