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Wired buys Reddit
posted by ruchir (1089) 25 months ago (www.theregister.co.uk)
Cash Register Wired has bought Reddit, the news aggregation-by-committee website. Terms are undisclosed, but we can safely assume that the price is many heaps smaller than the $150m that Kevin Rose reportedly wants for Digg, Reddit's much bigger rival.
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Any guess on the $ paid?? My guess is 20 million