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United Tech Bids $2.6B for Diebold

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Old 03-03-2008
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United Tech Bids $2.6B for Diebold
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.""Read more of this story at Slashdot.
http://rss.slashdot.org/~a/Slashdot/slashdot?i=3OsvRV


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