December 30, 2013
Cooper Tire & Rubber Co. said it will pursue damages against Apollo Tyres Ltd. in a webcast following the announcement of its decision to terminate the merger agreement, according to Modern Tire Dealer, a sister publication of HDT.
November 11, 2013
On Friday, Nov. 8, 2013, Judge Sam Glasscock III, vice chancellor of the Delaware Court of Chancery, ruled that Apollo was not in breach of its merger agreement with Cooper, which had filed a complaint to the contrary.
October 7, 2013
Apollo Tyres Ltd.'s friendly takeover of Cooper Tire & Rubber Co. is not so friendly anymore. On Friday, Oct. 4, 2013, Cooper filed a complaint in Delaware Chancery Court asking that subsidiaries of Apollo "be required to expeditiously close the pending merger between the two tire companies in accordance with the terms of the definitive merger agreement."
June 13, 2013
Apollo Tyres Ltd and Cooper Tire & Rubber Co. announced the execution of a definitive merger agreement under which a wholly-owned subsidiary of Apollo will acquire Cooper in an all-cash transaction valued at approximately $2.5 billion.
March 25, 2013
Cooper Tire & Rubber Co. showcased its new Roadmaster premium regional all-position commercial tire at last week’s Mid-America Trucking Show. It’s set to be available in May.
March 14, 2013
Consortium partners Cooper Tire & Rubber Co., Yulex Corp., Arizona State University, and the Agricultural Research Service of the U.S. Department of Agriculture met recently to review initial progress on their $6.9 million Biomass Research and Development Initiative grant from the USDA and the U.S. Department of Energy.
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