December 30, 2013 - Industry News
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.
Tags: Cooper Tire & Rubber Co., Tires, Mergers & Acquisitions, Apollo Tyre
November 11, 2013 - Industry News
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.
Tags: Tires, Litigation, Apollo Tyre, Cooper Tire & Rubber Co.
October 7, 2013 - Industry News
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 - Industry News
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.
Tags: Cooper Tire & Rubber Co., Mergers & Acquisitions, Apollo Tyre
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