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Digg on the Verge of Being Sold for $300 Million

| Affiliate Marketing | Thursday 8 November 2007 10:51 am

Valleywag reported that Digg is about to be bought by someone other than Google, Microsoft, or Yahoo in the range of $300-$400 million.  Rumor is that it will be a social news site, possibly even the New York Times.

With other social media sites such as Reddit and Delicious being scooped up somewhat recently, it would not be surprising to see a major social new site pick up Digg.  They are a hot site and would incorporate their business model effectively into a social news site.

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