WebMar 1, 2024 · Akron-based Goodyear, the No. 3 global tire maker, struck a deal to purchase Findlay, Ohio-based Cooper Tire & Rubber Co., the No. 13 largest tire maker in the world, for around $2.5 billion ($2.8 billion in equity with $300 million in cash on hand in Cooper's coffers). Or as we like to say from our home offices around Akron, Ohio's top … WebDec 10, 2024 · Goodyear disclosed on Feb. 22 it was acquiring Cooper Tire in a $2.5 billion cash-and-stock deal, uniting the world's No. 3 and No. 13 tire manufacturers, in terms of global sales. As part of the deal, Goodyear acquired Cooper's 10 factories (nine tire plants and a tire components unit), including two plants in China.
Goodyear to buy Cooper Tire for $2.8 bln, nearly doubling China ...
WebFeb 22, 2024 · (Bloomberg) -- Goodyear Tire & Rubber Co. agreed to buy Cooper Tire & Rubber Co. for about $2.8 billion, strengthening its position as No. 1 in the U.S. market and almost doubling its presence in China, where auto sales are surging again.Cooper shareholders will receive $41.75 a share in cash... finance.yahoo.com K KGMtech … WebApr 30, 2024 · Cooper shareholders would receive $41.75 per share in cash and a fixed exchange ratio of 0.907 shares of Goodyear common stock per Cooper share for a total … erickson\u0027s auto south beloit
Goodyear to acquire Cooper Tire for $2.8 bln - Yahoo Finance
WebJun 7, 2024 · AKRON, OH – June 7, 2024 - The Goodyear Tire & Rubber Company (Nasdaq: GT) today announced that it has completed its acquisition of Cooper Tire & Rubber Company, finalizing the merger agreement made public on February 22. The … WebFeb 22, 2024 · Goodyear Tire & Rubber Co. agreed to buy Cooper Tire & Rubber Co. for about $2.8 billion, strengthening its position as No. 1 in the U.S. market and almost … WebMar 31, 2024 · Meanwhile, Cooper announced it is holding a special shareholders' meeting for April 30 during which shareholders will be asked to vote on Goodyear's offer to buy Cooper outright. As part of Cooper Tire's precautions regarding COVID-19, the special meeting will be a "virtual" meeting, according to information posted by Goodyear in an S … erickson\u0027s feed and seed