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Eric on News Corp
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    3 starseric | Shared With: Everyone - Oct 25 2006 | Digg, news, business, Rupert Murdoch, News Corp
    Federated Media / Tech: Digg Does The Acquisition Dance With News Corp.

    "Why hello there, Mr. Murdoch! You sure are looking fit and trim. Do you have $150 million hiding in your jacket pockets for me, please?"

    Word on the street is that News Corp. is in negotiations with Digg.

    Quoted: San Francisco-based startup Digg has been in recent acquisition discussions with a number of companies, including News Corp., according to multiple sources close to the negotiations. However, the company was unable to land an offer in the price range they’re looking for - at least $150 million - and will likely close a Series B round of financing instead...

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