Google-Digg no deal?

According to Michael Arrington at TechCrunch, Google no longer wants to buy Digg. He writes:

The Google/Digg acquisition negotiations were in full swing as of last Tuesday, had passed the term sheet stage and the two companies were in final negotiations in the $200 million range. But sometime this last week Google decided to walk from the deal. Digg was notified on late Thursday or Friday.

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