[VoteRescue] Hart Intercivic Senior Management to Buy out Company!

[Karen Renick]

/Might the Senior Management at Hart be positioning the Austin-based 
company to distance itself from //- or perhaps even close down - its 
voting machine division because they see the writing on the wall?  Let's 
hope so!  Is there anybody out there on our mailing list that knows more 
about this upheaval at Hart? If so, send your info to 
karen at voterescue.org and we'll send it out.  Thanks!/


  Managers buying Austin voting equipment company


    Terms not disclosed, but deal will let investors cash out, senior
    team to decide future direction, chief executive says.

By Lori Hawkins <mailto:lhawkins at statesman.com>
AMERICAN-STATESMAN STAFF
Thursday, October 09, 2008

*Hart InterCivic* [The company that makes the machines we use here in 
Travis County.]said Wednesday that its board of directors has agreed to 
sell the company to its senior management team.

The Austin company, which makes electronic voting systems and 
paper-based election systems, said its name and brand will remain in 
place and no operational changes are expected. Terms of the acquisition 
were not disclosed.

Chief executive Gregg Burt said the deal allows investors to cash out, 
while giving Hart's five-person management team the freedom to decide 
the company's future direction.

*To read entire article, go here:  
_http://www.statesman.com/search/content/business/stories/other/10/09/1009hart.html_* 

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