Report: Google And Microsoft About To Bid On Digg
March 8, 2008
According Michael Arrington’s super-secret sources, Digg is about to be courted by both Google and Microsoft.
And the TechCrunch founder says it won’t come cheap. According to the unnamed source, Digg was floating around a price tag of $300 million to sell previously, but is willing to take less.
Supposedly Google is willing to bid between $200-$225 million, and Arrington’s source that would be acceptable to Digg.
Microsoft’s offer will reportedly be a chunk less than that, but it only makes sense. After all, much of the website’s revenue comes from a substantial three year deal that was made with Microsoft last July.
It’s expected that the terms of the sale would give Microsoft an option to bail out of the current deal.
Naturally, if Google were to bid on the big kahunu and win, it’s most likely we’d be seeing Adsense on the site in no time flat.

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