User-generated news site Digg has been working with influential investment bank Allen & Co. (the ones that recently got Slide a half billion dollar valuation) for a few months now, and pitching big tech and media companies on a sale. Digg CEO Jay Adelson is calling this post “completely inaccurate. My source, which as I said is very, very good, sticks with the story. (TechCrunch, Digital Media Wire)
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