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Diebold Chairman Rebukes United Tech Offer

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03-05-2008, 11:05 AM

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Diebold Chairman Rebukes United Tech Offer

The chairman of Diebold told United Technologies in an open letter Wednesday that by making an unsolicited $2.64 billion offer, the diversified U.S. manufacturer "is opportunistically seeking value that belongs to Diebold shareholders."

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