When did Cooper lay groundwork for the deal?
Now there is one. Goodyear Tire & Rubber Co. remains the only domesitcally owned and operated consumer tire manufacturer following the sale of Cooper Tire & Rubber Co. to Apollo Tyres Ltd.
But was the sale of Cooper Tire, either to Apollo or another company, inevitable?
Modern Tire Dealer Editor Bob Ulrich discusses that in his latest blog. He says talk of a sale has been going on at least seven years (does the name Byron Pond ring a bell?), and there were signs that Cooper was preparing the company for, well, something.
To read what he has to say about Cooper Tire in the post-Tom Dattilo years, check out the blog, "Was the sale of Cooper Tire inevitable? There were signs."
What do you think about Ulrich's analysis? Do you think the sale of Cooper was inevitable? Read the blog, then let us know what you think by leaving a comment!
And for more information on the acquisition, click on these links: