Digg co-founder Kevin Rose today made clear on Leo Laporte’s TWiT Live video broadcast that Allen & Co., a New York-based boutique investment bank and broker that counts Digg among its list of clients, is not shopping the company.
While he explained in customary fashion that it was accepted company policy to essentially remain mum about purported pending corporate deals, validly or invalidly suspected, he offered the abovementioned response to an inquiry from Laporte about recent speculation. Some might interpret Rose’s response either as vaguely logical - he appears to offer a rudimentary explanation that meetings with larger companies involving partnership developments and the like can be misconstrued and inflated as acquisition-speak - or evasive.