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Techcrunch is reporting that Digg is being shopped around to News Corp and other companies for a paltry $150 million dollars. Digg has been unable to control bandwidth cost or monetize the traffic, without a buyer they will enter Series B funding from Greylock Partners.

Maybe's Jason Calacanis can get AOL to cut a check and end the rivalry once and for all. Any Valleywag readers have some tidbits on this? Send them to us.

Digg Does The Acquisition Dance With News Corp [TechCrunch]