Gabelli says contacted by person interested in joining Diebold board Gabelli, owner of 7.51% of Diebold's outstanding shares, disclosed that it sent a letter to Diebold notifying it that Gabelli was contacted by an individual who informed the investment firm of his interest and qualifications to serve on the company's board. Gabelli said it is currently evaluating its options with regards to the upcoming time period to submit director nominations and will come to a decision in accordance with the procedures set forth in Diebold's proxy statement. Gabelli added that it called on the Diebold to have cumulative voting in place for the election of directors at the upcoming annual meeting of shareholders.
Diebold commences takeover offer for Wincor Nixdorf shares Diebold announced it has commenced the voluntary public takeover offer for all no-par value bearer shares of Wincor Nixdorf Aktiengesellschaft. The German Federal Financial Supervisory Authority approved the publication of the German offer document. Diebold is offering EUR 38.98 in cash and 0.434 common shares of Diebold in exchange for each Wincor share.