Digg has hired Allen & Co as its bank, and is doing the rounds seriously. We have confirmed that the usual suspects like Yahoo, CBS and others are looking at it, though most of them said its hopes of a $300 million valuation are on the very high side. There is still some way to go before the process gets completed one way or the others, sources say.http://www.paidcontent.org/entry/419-digging-on-digg-early-days-on-a-deal/
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