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: Securities Law Prof Blog

Diebold Calls UTC's Bid "Opportunistic"

By Securites Lawprof

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Diebold rebuffed United Technologies Corporation's $2.64 billion bid. According to John N. Lauer, Diebold's nonexecutive chairman, ?U.T.C.?s proposal is an opportunistic attempt to buy Diebold at a time when shareholders do not have sufficient data to evaluate the offer and...

Full post as published by Securities Law Prof Blog on March 04, 2008 (boomark / email).

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