+Vote!
Baltimore Sun (Free subscription) | 10/14/2008
CLEVELAND United Technologies Corp. has dropped its unsolicited $2.6 billion bid to buy ATM manufacturer Diebold Inc., which had frustrated UTC because it wouldn't discuss the offer and delayed releasing its financial information. Diebold's chairman said the company is encouraged about its future, even as its stock remained far less than the $40 a share that UTC had offered. United Technologies made...
+Vote!
AterSlash (Free subscription) | 10/14/2008
from TFA:The hardware is publically bought (in recent years, Diebold has been the main provider), but the software is developed in house by the Electoral Justice.
1Vote!
Law Blog - WSJ.com (Free subscription) | 10/14/2008
Global technology spending could drop significantly in 2009 ... Google and Yahoo are in talks with the Justice Department in a bid to head off an antitrust challenge to their proposed ad deal ... and United Technologies drops its offer for Diebold. Jim Chesko has those stories and more.
+Vote!
Boston Globe (Free subscription) | 10/13/2008
Diebold Inc. , which makes banking machines, business security systems and voting equipment, on Monday reiterated its 2008 earnings outlook, citing progress in cost-cutting initiatives and other factors.
+Vote!
CFO (Free subscription) | 10/13/2008
Bidders dropping out — for reasons that may or may not include the market meltdown — include Waste Management (Republic), Vishay (International Rectifier), and UTC (Diebold).
+Vote!
DealBook (Free subscription) | 10/13/2008
The financial crisis has made sealing deals pretty difficult this year. And much to the chagrin of investment bankers, it appears to be getting even worse. On Monday alone, five takeover offers were withdrawn, including United Technologies‘ $2.6 billion bid for Diebold, wiping out around $13 billion from an already slimmed-down slate of mergers [...]
+Vote!
Market Watch (Free subscription) | 10/13/2008
SAN FRANCISCO (MarketWatch) -- Diebold Inc. on Monday reiterated its earnings outlook for 2008 after United Technologies withdrew its unsolicited bid. Expresssing confidence that the company is on the right track, Diebold said it expects to report 2008 earnings of $1.52 to $1.62 a share and adjusted earnings of $2.45 to $2.40 a share. Analysts surveyed by FactSet Research are forecasting the company...
+Vote!
Information Week (Free subscription) | 10/13/2008
The company complained that management of the No. 2 maker of automated-teller machines had rebuffed its negotiation efforts.
+Vote!
Law Blog - WSJ.com (Free subscription) | 10/13/2008
United Technologies Corp. pulled its $2.63 billion offer for Diebold Inc. after eight months, saying the maker of automated teller machines and electronic voting devices had refused to discuss a possible deal.
+Vote!
DealBook (Free subscription) | 10/13/2008
United Technologies said on Monday that it has withdrawn its $2.6 billion offer for Diebold, the maker of automated teller machines and electronic voting machines. It is the second offer withdrawn on Monday, after Waste Management withdrew a hostile offer for fellow garbage collector Republic Services. Waste Management cited the turbulent markets as its reason for [...]
+Vote!
BlogNetNews.com/Iowa (Free subscription) | 10/09/2008
Remember, kids, it's not voter fraud if "community organizers" are behind it. Vote for change. Because it's gonna happen anyway, by hook or by crook. [...]
