Published On:January 16 2014
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Cooper Tire Ends Merger Pact With Apollo Tyres.
A cross-border buyout that once valued Cooper Tire & Rubber Co. at $2.5 billion has now devolved into a court battle over as little as a few hundred million dollars.
Cooper officially terminated its sale to India's Apollo Tyres Ltd. recently after months of delay in which Apollo sought to cut the $35-a-share price.
The Wall Street Journal