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BREAKING: Diebold buyout proposal might be dead

September 11, 2008

BusinessWeek: The chairman and ex-chief executive of United Technologies Corp. said Thursday the industrial conglomerate's takeover of ATM manufacturer Diebold Inc. is unlikely."It just sits there," George David told investor analysts. "I think it's probably less likely rather than more likely at this stage."David spearheaded efforts to make a deal with Diebold before he retired in April.
 
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