(Akron) - Akron-based Goodyear Tire & Rubber Company, and Findlay-based Cooper Tire & Rubber Company will become one company, as Goodyear is buying Cooper in a deal worth about $2.5 billion. The deal was announced Monday morning. The headquarters will remain in Akron, but there will still be some operations in Findlay.
Goodyear says the transaction will combine two portfolios of complementary brands, and created a stronger tire manufacturer.
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