Goodyear acquires Cooper Tire for $2.5 billion

Goodyear has entered a definitive agreement to acquire rival tire manufacturer Cooper Tire for $2.5 billion. Cooper shareholders will receive $41.75 per share in cash and 0.907 shares of Goodyear common stock per share. The merger is expected to close in the second half of 2021.

“This is an exciting and transformational day for our companies.”gmauthority.com

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• gmauthority.comGoodyear Acquires Rival Tire Manufacturer Cooper For $2.5BSam McEachernFeb 23, 2021

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