Apollo: Cooper's management team will stay
We've all heard the mantra about "synergy" from both sides when when one company buys another. Despite that, some changes in the way the company being acquired does business are inevitable.
What about the purchase of Cooper Tire & Rubber Co. by Apollo Tyre Ltd.? The merger isn't expected to be finalized until at least October of this year, but are there changes afoot already?
Past acquisitions in the tire industry seemingly would indicate there will be changes. At least among Cooper's management, however, there are signs that a lot of them might not be going anywhere.
To find out what changes are in store for Cooper in the short and long terms, read the latest blog from Modern Tire Dealer Editor Bob Ulrich. He asks the question "Will Cooper's management stay on after Apollo takes over?"
What do you think will happen? Read the blog, then give us your opinion by leaving a comment.