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Diebold sells US voting machine unit to Election Systems & Software

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Kadie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-03-09 12:44 PM
Original message
Diebold sells US voting machine unit to Election Systems & Software
Diebold sells US voting machine unit
Diebold sells much-maligned US voting machine unit to Election Systems & Software

* On Thursday September 3, 2009, 12:51 pm EDT

NORTH CANTON, Ohio (AP) -- Ohio-based ATM maker Diebold Inc. has sold its much-criticized U.S. voting-machine business to a competitor, Election Systems & Software Inc. of Omaha, Neb.

Diebold, based in North Canton, announced the sale of its Allen, Texas-based subsidiary Premier Election Solutions Inc. on Thursday. Diebold will get $5 million plus payments representing 70 percent of collections of the unit's accounts receivable as of Aug. 31.

Diebold expects to recognize a pretax loss on the deal in the range of $45 million to $55 million.

http://finance.yahoo.com/news/Diebold-sells-US-voting-apf-1176824616.html?x=0&.v=1
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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-03-09 12:49 PM
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1. EES & Diebold were owned by brothers and backed by fundy right wing $
It is time to scrap the DRE voting machines. My own :tinfoilhat: theory is that
Diebold id getting out because they are about to be hit by some major law suits
form some states who got stuck w/ their junk.


http://www.sos.state.oh.us/SOS/Text.aspx?page=4512
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stellanoir Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-03-09 12:51 PM
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2. That's going to result in about as much change as Blackwater's name change.
Ughhh
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