End of month acquisition vote for Cooper shareholders

Cooper Tire & Rubber shareholders will vote on the company’s acquisition by Apollo Tyres at a meeting scheduled for 30 September. Cooper stockholders of record as of the close of business 30 August 2013 are entitled to vote at the special meeting, which will take place in the US city of Cleveland.

“Having already received the US and foreign regulatory clearance necessary to close the transaction, we are pleased to announce another step toward finalising the merger with Apollo Tyres,” stated Cooper chairman, chief executive officer and president Roy Armes. “When completed, the transaction will join two great companies to create a global leader in tyre manufacturing and distribution. 

“Our combined company will offer customers a comprehensive portfolio of products and brands in the world’s largest tyre market of North America as well as the fastest growing geographies of China and India, among others,” Armes continued. “We are pleased the transaction continues to move forward to closing.”    

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