Diversification is the key of any large multi-national corporation. general Electric, which makes home appliances also is a major defense contractor. It also owns NBC The same can be said for Westinghouse, which owns CBS. Gotta put those war bucks somewhere, right? Why not control the information that most Americans receive nightly?
Not to be outdone United Technologies initiated a hostile takeover of Diebold makers of voting machines, which have been found to be easily rigged to throw elections. (Anyone remember 2004, when the then CEO and Bush supporter promised to "deliver Ohio to Bush?) Why waste time feeding propaganda to the masses when you can just rig an election to the guy who promises to throw you the most bones?