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FTC paves way for Goodyear-Cooper deal to close Print AKRON It may not be too much longer before the Cooper Tire & Rubber Co. becomes part of Goodyear. The Federal Trade Commission (FTC) recently paved the way for Goodyear’s $2.5 billion cash-and-stock deal to acquire Cooper to close in the third quarter, if not sooner. According to a May 13 Goodyear filing with the Securities and Exchange Commission, the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 which establishes waiting periods before such acquisitions can be completed expired May 10, essentially granting regulatory approval in the U.S. The FTC classifies the expiration of the HSR Act as the last of five steps in the U.S. regulatory process, with the first potential outcome of the expiration of HSR as this: “Close the investigation and let the deal go forward unchallenged.” 

United statesJames picarielloExchange commissionEuropean commissionCooper tire rubber coCooper tireFederal trade commissionAntitrust improvements actKeybanc capitalTire businessஒன்றுபட்டது மாநிலங்களில்ஜேம்ஸ் பீகரிெல்ளோபரிமாற்றம் தரகுஐரோப்பிய தரகுநல்ல ஆண்டுகூப்பர் சக்கரம் ரப்பர் இணை