by Mike Masnick
Mon, Mar 3rd 2008 12:55am
Just as the Onion is poking fun at Diebold for releasing the results of the 2008 Presidential election months early, it appears that United Technologies Corporation is attempting a hostile takeover of the company after it turned down a private offer. Diebold is mostly known these days for its controversial e-voting business (which the company has renamed "Premiere" to try to disassociate it with the Diebold name) but is also a major player in the ATM business. Whether or not UTC takes the company over, there's little doubt that Diebold has done a terrible job responding to the questions and accusations about the security and reliability of its e-voting machines. Having a company like UTC come in and take over could actually do a lot for the company to regain some trust.
If you liked this post, you may also be interested in...
- Public Knowledge: Comcast's Usage Cap Shenanigans Violate Neutrality, NBC Merger Conditions
- AT&T: Mega Mergers And Anti-Competitive Behavior Are Bad...Unless It's Us Doing It
- Dish Eyes T-Mobile Takeover, And That Could Be A Very Good Thing For Wireless Competition
- Why Isn't There A Central Database Of E-Voting Problems?
- Justice Department Decides To Break Up E-Voting Company