NORTH CANTON, Ohio – Diebold, the world’s largest ATM manufacturer, announced yesterday it has ceased efforts to sell its troubled elections system subsidiary and will try to restructure the operation instead. The company said ongoing controversy about electronic voting, which has engaged the company in litigation, has made efforts to sell the operation difficult and no buyers have emerged. Doubts created by various legislative proposals on electronic voting, both at the local and federal levels, have caused the company to lower its revenue projections for the unit from $120 million for the year, down from $185 million to $215 million.
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