Similar Stories to Digg Sells To Betaworks For The Fire Sale Price Of… $500k on Bing News

Community news sharing site Digg has been acquired by Betaworks, Digg CEO Matt Williams announced today in a company blog post. Ordinarily, this would be a good thing, especially since the company has been making a serious attempt to sell itself for the last six months or so. However, the Wall Street Journal is reporting that the sale price was a measly $500,000 — ridiculously lower than the rumored $200-$300 million it was asking back in 2008.

BING NEWS:
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  • California investor buys distressed office building near Willis Tower at fire-sale price
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  • Digging Digg
    Yes, that Digg. I know that to many people that name may sound like a joke, but, as it turns out, the new Digg run by betaworks is a great service with a very good iOS app. Coincidentally, Vox ...
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