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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.""

4 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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  2. 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

  3. 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.

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