“The Buzz” Show: The Goodyear Tire & Rubber Company (NASDAQ: GT) to Acquire Cooper Tire & Rubber | “The Buzz” Show: The Goodyear Tire & Rubber Company (NASDAQ: GT) to Acquire Cooper Tire & Rubber Financial Buzz

“The Buzz” Show: The Goodyear Tire & Rubber Company (NASDAQ: GT) to Acquire Cooper Tire & Rubber

FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “The Goodyear Tire & Rubber Company to Acquire the Cooper Tire & Rubber Company

The Goodyear Tire & Rubber Company (NASDAQ: GT) gained over 14% in premarket trading after agreeing to acquire the Cooper Tire & Rubber Company.

The transaction, valued at a  total enterprise value of approximately 2.5 billion dollars, will expand Goodyear’s product offering by combining two portfolios of complementary brands.

Goodyear is one of the world’s largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry.

Cooper Tire & Rubber Company is the parent company of a global family of companies that specializes in the design, manufacture, marketing and sale of passenger car, light truck, medium truck, motorcycle and racing tires. Cooper’s headquarters is in Findlay, Ohio, with manufacturing, sales, distribution, technical and design operations within its family of companies located in 15 countries around the world.

For more information, please visit: The Goodyear Tire & Rubber Company

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