« Angel Pitch Basics | Main | Cuill Launches Next Week? »

Digg: The Hyman Roth of M&A Deals

There's that great line from Godfather 2, when someone asks Michael Corleone about Hyman Roth's health, he responds "he's been dying of the same heart attack for the past 20 years." That's how I feel about Digg - seems like they've been getting sold ever since their launch 4 years ago. Heck, I wrote a post joking about this 9 months ago.

And it continues today - the latest from TechCrunch just this afternoon:

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.

Best of luck to the Digg team - the site is cool and they seem like smart, good guys. I'm just not sure what I'm going to be able to read about if they do finally sell...;)


TrackBack URL for this entry:

Comments (1)


I think Heather at Hitwise must be working for Digg's PR team. Third article on this topic for her: http://weblogs.hitwise.com/us-heather-hopkins/2008/07/digg_acquisition_rumors_take_3_1.html

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


This page contains a single entry from the blog posted on July 22, 2008 4:28 PM.

The previous post in this blog was Angel Pitch Basics.

The next post in this blog is Cuill Launches Next Week?.

Many more can be found on the main index page or by looking through the archives.

Powered by
Movable Type 3.33