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Unfriendly takeover efforts growing in number, size.

Publication: USA Today
Publication Date: 04-MAR-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Matt Krantz

Corporate let's make a deal is increasingly becoming an unfriendly affair.

Monday, shares of Diebold surged 61% on news United Technologies launched an unsolicited $3 billion takeover offer for the automated teller machine maker after two years of unsuccessful attempts at a merger.

Such so-called hostile buyout offers are gaining in popularity as corporate buyers lose their patience and are no longer willing to take no for an...

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