Goodyear completes acquisition of Cooper Tire & Rubber Company
The Goodyear Tire & Rubber Company has completed its acquisition of Cooper Tire & Rubber Company, finalizing the merger agreement made public on February 22.
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Cooper opens regional distribution center in Indiana
Cooper Tire & Rubber Company announced the opening of its Whiteland, IN, regional distribution center. Located at 2400 Whiteland Rd., the 1 million square foot facility will provide Cooper with additional capacity for product storage and a modern design for optimizing operations.
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Cooper Tire recognized as a “3+” company with three or more female directors
50/50 Women on Boards (50/50WOB) has recognized Cooper Tire & Rubber Company as a “3+” company for having three or more women on its corporate board of directors. With three female board members, approximately one-third of Cooper’s board seats are held by women.
50/50WOB is the leading global education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards.
Goodyear announces pricing of $1.45 billion of senior notes in connection with planned Cooper Tire acquisition
Goodyear Tire & Rubber Company announced it has commenced a private offering to eligible purchasers of $1.45 billion aggregate principal amount of eight- and 10-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes is subject to market and other customary closing conditions.
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Cooper Tire & Rubber Company declares 197th consecutive quarterly dividend
Cooper Tire & Rubber Company announced a quarterly dividend of 10.5 cents per share on common stock payable June 24, 2021 to stockholders of record at the close of business May 27, 2021.
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Cooper Tire reports first quarter 2021 results
Cooper Tire & Rubber Company reported first quarter 2021 net income of $22 million, or diluted earnings per share of $0.43, compared with a net loss of $12 million, or diluted loss per share of $0.23, for the same period last year.
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Cooper Tire stockholders approve merger with Goodyear
Cooper Tire & Rubber Company announced that its stockholders overwhelmingly voted to approve the agreement and plan of merger with The Goodyear Tire & Rubber Company, which was announced Feb. 22, 2021. At a special meeting of Cooper stockholders held today, approximately 99 percent of votes cast were in favor of the transaction
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Cooper Tire introduces newest all-terrain tire Discoverer Rugged Trek
Cooper Tire & Rubber Company has announced its new Discoverer® Rugged Trek™ tire is now available for dealer orders. The Discoverer Rugged Trek is an all-season truck and SUV tire made for off-road adventuring while offering outstanding on-road performance for everyday use. Boasting a long-lasting warranty of up to 60,000 miles, the Discoverer Rugged Trek offers the best of both worlds for the off-road hobbyist and daily commuter
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Cooper Tire joins Alice Cooper to host nationwide “Driven to Perform” garage band contest
The “Coopers” are ready to rock as Cooper Tire kicked off Driven to Perform – a nationwide garage band contest in partnership with Rock & Roll Hall of Fame inductee Alice Cooper. Cooper Tire and Alice Cooper, credited as the “godfather of shock rock,” teamed up to scour the nation and identify three talented American garage bands. Alice Cooper, who recently released his 28th album, “Detroit Stories,” will provide advice and feedback to the bands, and call on fans to cast their votes to crown the Driven to Perform winner at www.DrivenToPerformConcert.com. The victorious band will get the opportunity of a lifetime to open for Evanescence in a livestream performance on May 13
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