Cooper Issues Statement, Says It Does not Agree that a Reduction in Share Price is Warranted

Today, Cooper Tire & Rubber Company (NYSE: CTB ) issued the following statement regarding the pending merger with Apollo Tyres (NSE: ApolloTYRE). “Cooper, in its filing on Friday, October 4, is acting in the best interests of its stockholders, who overwhelmingly approved the pending merger with Apollo for $35 per share. As outlined