Goodyear Responds to ATC Offer

The letter of proposed acquisition written by American Tire Corporation has not yet landed on the desk of Robert J. Keegan, however Goodyear has already responded to ATC’s sudden expression of interest in its Kansas OTR tyre plant.

According to a Goodyear spokesperson, the company has not received any communication from ATC. “We are very pleased with the performance of our OTR business and continue to see opportunities for Goodyear in this business,” the spokesperson said. “We have not announced plans, or an intention, to sell any part of this business.”