United Tech Bids $2.6B for Diebold 129
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.""
It's probably not about Premier Elections Systems (Score:2, Informative)
Confusion (Score:5, Informative)
Re:Sikorsky Aircraft? (Score:5, Informative)
Re:It's probably not about Premier Elections Syste (Score:5, Informative)
Elections, despite the notoriety it has caused, is more or less a 'side' business for Diebold, which was probably the result of someone high-up watching the Gore VS Bush Florida recount debacle and saying to himself, "Now THAT [election devices] looks like a growth market right there..." As far as I know, the 'Diebold Election Systems' branch was simply bought and bolted on to the company.
Re:It's probably not about Premier Elections Syste (Score:3, Informative)
Re:Sikorsky Aircraft? (Score:2, Informative)
the Wikipedia article you should have read
http://en.wikipedia.org/wiki/Igor_Sikorsky [wikipedia.org]
Guess its a hostile take over (Score:3, Informative)
Re:Sikorsky Aircraft? (Score:1, Informative)
"In 1928, Sikorsky became a naturalized citizen of the United States. The next year, Sikorsky Aero Engineering Company was purchased by, and became a subsidiary of, United Aircraft, itself now a part of United Technologies Corporation."
Re:Yeah but... (Score:3, Informative)
If you think Abraham Lincoln wasn't racist, you're lying to yourself.
"I will say then that I am not, nor ever have been in favor of bringing about in anyway the social and political equality of the white and black races - that I am not nor ever have been in favor of making voters or jurors of negroes, nor of qualifying them to hold office, nor to intermarry with white people; and I will say in addition to this that there is a physical difference between the white and black races which I believe will forever forbid the two races living together on terms of social and political equality. And inasmuch as they cannot so live, while they do remain together there must be the position of superior and inferior, and I as much as any other man am in favor of having the superior position assigned to the white race. I say upon this occasion I do not perceive that because the white man is to have the superior position the negro should be denied everything." -Abraham Lincoln
Because McCain is connected (Score:2, Informative)
The Anti-Lobbyist, Advised by Lobbyists [washingtonpost.com]