American Tire Corporation to Hold Goodyear Acquisition Lectures

It appears American Tire Corporation (ATC) still holds a strong interest in acquiring the Goodyear OTR tyre facility in Kansas, USA. To follow on from the letter sent to Goodyear regarding this on April 21, ATC is organising a number of information events and has invited a number of senior Goodyear exports to speak at these. These speeches are due to be held at the ATC facility in California on June 23 and “thereafter”, a press release from ATC states.

The purpose of the speeches, says ATC, is to provide company employees with more information about Goodyear and its OTR tyres, and they will be followed by Q&A sessions. ATC states it will set up a negotiation team later in the year to deal with Goodyear on the subject of an acquisition, and will continue to hold events such as those outlined here “on a regular basis until its purchase of Goodyear’s Topeka OTR tyre plant is finally realised.”