United Tech Bids $2.6B for Diebold

United Tech Bids $2.6B for Diebold 129

Posted by CmdrTaco on Monday March 03, 2008 @09:59AM 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.""

United Tech Bids $2.6B for Diebold

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Yeah but... (Score:5, Funny)

by mccalli ( 323026 ) writes: on Monday March 03, 2008 @10:00AM (#22622776) Homepage

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

Cheers,
Ian

Now even more pressure to buy the Voting machines (Score:3, Funny)

by Cryophallion ( 1129715 ) writes: on Monday March 03, 2008 @10:08AM (#22622850)

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.

Re:Yeah but... (Score:5, Funny)

by Rob T Firefly ( 844560 ) writes: on Monday March 03, 2008 @10:10AM (#22622874) Homepage Journal

Should we accept the buyout offer by United Tech? 24% --- In favor 25% --- Against 51% --- Republican

In a total suprise... (Score:3, Funny)

by sunking2 ( 521698 ) writes: on Monday March 03, 2008 @10:19AM (#22622950)

George David is elected President. Homeland Security raids GE.

Re:It's probably not about Premier Elections Syste (Score:3, Funny)

by ozmanjusri ( 601766 ) writes: <aussie_bob@hoMOSCOWtmail.com minus city> on Monday March 03, 2008 @10:31AM (#22623074) Journal

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?

In unrelated news... (Score:3, Funny)

by elrous0 ( 869638 ) * writes: on Monday March 03, 2008 @10:39AM (#22623132)

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

Totally makes sense to buy now ... (Score:5, Funny)

by slashdotmsiriv ( 922939 ) writes: on Monday March 03, 2008 @10:41AM (#22623154)

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

Err... (Score:3, Funny)

by brian0918 ( 638904 ) writes: <brian0918.gmail@com> on Monday March 03, 2008 @10:47AM (#22623226)

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!"

Re:It's probably not about Premier Elections Syste (Score:3, Funny)

by bluefoxlucid ( 723572 ) writes: on Monday March 03, 2008 @10:54AM (#22623294) Homepage Journal

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

You are absolutely right. (Score:5, Funny)

by brennanw ( 5761 ) * writes: on Monday March 03, 2008 @11:00AM (#22623352) Homepage Journal

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

Re:Yeah but... (Score:0, Funny)

by Anonymous Coward writes: on Monday March 03, 2008 @12:28PM (#22624398)

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...

Re:It's IS about Premier Elections Systems (Score:3, Funny)

by ukemike ( 956477 ) writes: on Monday March 03, 2008 @04:17PM (#22627294) Homepage

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.

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United Tech Bids $2.6B for Diebold 129

United Tech Bids $2.6B for Diebold More Login

United Tech Bids $2.6B for Diebold

Yeah but... (Score:5, Funny)

Now even more pressure to buy the Voting machines (Score:3, Funny)

Re:Yeah but... (Score:5, Funny)

In a total suprise... (Score:3, Funny)

Re:It's probably not about Premier Elections Syste (Score:3, Funny)

In unrelated news... (Score:3, Funny)

Totally makes sense to buy now ... (Score:5, Funny)

Err... (Score:3, Funny)

Re:It's probably not about Premier Elections Syste (Score:3, Funny)

You are absolutely right. (Score:5, Funny)

Re:Yeah but... (Score:0, Funny)

Re:It's IS about Premier Elections Systems (Score:3, Funny)

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