Deals
Apollo Tyres Case Judge Denies Dismissal of Cooper Suit
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Apollo Tyres Ltd. lost a bid for dismissal of Cooper Tire & Rubber Co.’s lawsuit seeking to force a $2.5 billion takeover, paving the way for a trial next month.
Apollo asked a judge in Delaware last week to throw out Cooper’s case, contending the Ohio-based company hasn’t lived up to its part of the bargain and the $35-a-share deal shouldn’t go through.