" 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.
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Ann: Proposed purchase of Cooper Tire & Rubber Co by Goodyear, page-20
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Open | High | Low | Value | Volume |
38.0¢ | 38.5¢ | 38.0¢ | $119.8K | 314.4K |
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No. | Vol. | Price($) |
---|---|---|
1 | 4853 | 38.0¢ |
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Price($) | Vol. | No. |
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1 | 4853 | 0.380 |
1 | 30000 | 0.375 |
2 | 100000 | 0.370 |
2 | 103000 | 0.365 |
2 | 66666 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.385 | 70589 | 1 |
0.390 | 52865 | 1 |
0.400 | 51000 | 2 |
0.405 | 2200 | 1 |
0.410 | 1049 | 1 |
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