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Google in acquistion talks with Digg



Posted on Jul 23, 2008, 5:51 PM UTC by Winston Chim
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Is this true or false? Google buying Digg ... boy, these Google guys are buying anything and everything

CNet

"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.

Google has 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.

Representatives for Google and Digg did not immediately respond to requests for comment. Usually a "no comment" or the like is the response to questions about rumored acquisition negotiations. However, that was not the case in March--when the Digg takeover rumor mill was in full swing.

Rumors back in March that the social news site might be purchased by Google, Microsoft, or a major media company had whipped a sizable number of Digg users into a panic. Digg CEO Jay Adelson, perhaps in an effort to assuage those fears of having a corporate owner, posted a blog that month that seemed to go a little above and beyond the call to deny the rumors. "

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