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United Tech Bids $2.6B for Diebold

Posted by ryuzaki0 on from the how-much-does-an-election-cost dept.

zhang1983 writes "United Technologies, parent company of jet engine-maker Pratt & Whitney, Otis elevator and Sikorsky Aircraft, said it made the unsolicited offer to Diebold for $2.63 billion on Friday after trying to negotiate a deal for two years. United Technologies said the company announced the offer Sunday night because executives believe their offer is "so compelling we thought shareholders should know about it.""

12 of 129 comments (clear)

  1. Yeah but... by mccalli · · Score: 4, Funny

    When the shareholders come to vote on it, somehow the results won't be quite as expected...

    Cheers,
    Ian

    1. Re:Yeah but... by Rob+T+Firefly · · Score: 5, Funny

      Should we accept the buyout offer by United Tech?

      24% --- In favor
      25% --- Against
      51% --- Republican

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      Slashdot Burying Stories About Slashdot Media Owned
    2. Re:Yeah but... by Anonymous Coward · · Score: 0, Funny

      United Tech is planning to use the Diebold voting technology in Otis elevators.

      No matter which floor you choose, you end up on floor three...

  2. Now even more pressure to buy the Voting machines by Cryophallion · · Score: 2, Funny

    With UT behind it, there will be even more pressure on municipalities to buy the machines.

    I can hear it now:
    "Buy the machines, or we stop all your elevators, and we turn off all the fire and intrusion alarms!"

    Now THAT is a good bargaining chip.

  3. In a total suprise... by sunking2 · · Score: 2, Funny

    George David is elected President. Homeland Security raids GE.

  4. Re:It's probably not about Premier Elections Syste by ozmanjusri · · Score: 2, Funny
    Elections, despite the notoriety it has caused, is more or less a 'side' business for Diebold,

    Which would you rather control, a $2.8b company or a $13 trillion economy?

    --
    "I've got more toys than Teruhisa Kitahara."
  5. In unrelated news... by elrous0 · · Score: 2, Funny

    Senator John McCain introduces proposal for a multi-year, $50 billion initiative to purchase Sikorsky helicopters for our military.

    --
    SJW: Someone who has run out of real oppression, and has to fake it.
  6. Totally makes sense to buy now ... by slashdotmsiriv · · Score: 4, Funny

    After the recent Diebold fiasko, their stock has hit record bottom http://www.theonion.com/content/video/diebold_accidentally_leaks

  7. Err... by brian0918 · · Score: 2, Funny

    So instead of the term diebold catching on as a perjorative, we're going to have to say something like "Damn, Hewlett Packard has pulled a real Pratt & Whitney, Otis Elevator and Sikorsky Aircraft on the public!"

  8. Re:It's probably not about Premier Elections Syste by bluefoxlucid · · Score: 2, Funny

    Repeat after me: George Bush does not have a giant lever marked "Economy."

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    Support my political activism on Patreon.
  9. You are absolutely right. by brennanw · · Score: 4, Funny

    It's a very TINY handle. And you need to jiggle it in order to get it to flush properly.

    --
    Eviscerati.Org: All Hail the Eviscerati
  10. Re:It's IS about Premier Elections Systems by ukemike · · Score: 2, Funny

    Diebold's ATM and bank security business $2 billion
    Diebold's Other Miscellaneous Businesses $0.6 billion

    Ability to control the US's elections... Priceless.

    --
    -- QED