Yo Dog! Wanna Buy Digg?
TechCrunch believes Digg is close to closing around $5m in second round financing soon, as the company has failed to find a buyer willing to pay their asking price.
…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 theyâ€™re looking for – at least $150 million – and will likely close a Series B round of financing instead.
If they get $150m, that would be a nice increase on the $30m Yahoo was rumored to be offering back in January.