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Cooper Sues Apollo for Dragging its Feet

Cooper Tire's Roy Armes says the lawsuit against Apollo "is a necessary step in the process to...

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."

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