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View Full Version : United Technologies offering $3billion for Diebold Inc.




devil21
03-03-2008, 03:47 AM
http://news.yahoo.com/s/ap/20080303/ap_on_bi_ge/united_technologies_diebold

Funny how the voting machine portion is pretty much ignored in favor of other industries even though the voting machine unit controls nearly the entire US election process.
And I have never, ever heard of United Technologies yet they are a huge international business corp??

OptionsTrader
03-03-2008, 04:02 AM
http://news.yahoo.com/s/ap/20080303/ap_on_bi_ge/united_technologies_diebold

Funny how the voting machine portion is pretty much ignored in favor of other industries even though the voting machine unit controls nearly the entire US election process.
And I have never, ever heard of United Technologies yet they are a huge international business corp??

You know them by more common words like:
Hamilton Sundstrand, Sykorsky helicopters, Black Hawk helicopters, Pratt and Whitney jet engines, and other businesses from elevators to airconditioners. UTX is one of the largest companies in the world, and is usually in the top 5 political contributing corporations.

Of the conglomerates, UTX is the 4th largest by market cap, weighing in at $69 billion.

devil21
03-03-2008, 04:13 AM
You know them by more common words like:
Hamilton Sundstrand, Sykorsky helicopters, Black Hawk helicopters, Pratt and Whitney jet engines, and other businesses from elevators to airconditioners. UTX is one of the largest companies in the world, and is usually in the top 5 political contributing corporations.

Of the conglomerates, UTX is the 4th largest by market cap, weighing in at $69 billion.

Uh oh. That makes this deal reallllllly bad. Figures that it's only on Yahoo News at 4AM. Thats not a mistake if you ask me.