Reports: Cooper Tire target of hostile bid

Full story: Newms360.com

Reuters and Forbes reported Thursday that Cooper Tire and Rubber Co. is being eyed by Indian tire manufacturers Apollo Tyres.
Comments
1 - 4 of 4 Comments Last updated Oct 26, 2012
anon

Tupelo, MS

#1 Oct 12, 2012
Too big to fail is not acceptable why is the government stopping these monopolies? the government is not enforcing the law as they sell it for campaign contributions.
uhuh

Columbus, OH

#2 Oct 12, 2012
if this is a hostile takeover, it shows Cooper exec. have not been on their game and allowed the situation to be possible. Guess thats what happens when you screw your work force over, would be rather ironic to see the execs locked out.
anon

Tupelo, MS

#3 Oct 13, 2012
You do not understand. The executives are window dressing. The company is controlled by the stock holding groups that control all manufacturing. The employees will get screwed even more and most likely lose jobs. The end game is short term stock profits.
Jmbibbtex

United States

#4 Oct 26, 2012
anon wrote:
You do not understand. The executives are window dressing. The company is controlled by the stock holding groups that control all manufacturing. The employees will get screwed even more and most likely lose jobs. The end game is short term stock profits.
I agree 100%

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