" think Cooper are a bit uncompetitive, but with our dollar firming it probably is a bit of a shame to be losing it ( likely it seems)"
the release does say " ... either party effectively has the right to extend that Agreement for a further 5 years (i.e. to September 2027)". Who knows what the small print says, and coopers/goodyear may seek early termination (to be negotiated with NTD). WHile it is hard to see the market reaction is justified based, the NTD release has caused significant uncertainty.
Ann: Proposed purchase of Cooper Tire & Rubber Co by Goodyear, page-20
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45.0¢ |
Change
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Mkt cap ! $60.36M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 45.0¢ | 42.5¢ | $30.61K | 71.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38674 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 49900 | 1 |
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