shares in both companies have been rising sharply over the past year particularly in the past three moths shares of goodyear are up more than 21 in the past 30 days shares of cooper are up almost 10 in that timenew york goodyear tire rubber co is acquiring cooper in a deal valued at 25 billion that will combine the two centuryold ohio companies the auto industry navigated a whirlwind year with the pandemic and all of the economic disruptions that accompanied it industry analysts see a rebound this year as vaccines are more broadly distributed but many do not see activity reaching the levels of 2019 before the pandemic hit advt but shares in both companies have been rising sharply over the past year particularly in the past three moths shares of goodyear are up more than 21 in the past 30 days shares of cooper are up almost 10 in that time shareholders of cooper tire rubber co based in findlay ohio will get 4175 in cash and about 9 shares of goodyear common stock per share of cooper stock based on goodyears closing price on friday the total consideration for cooper shareholders is 5436 per share a 24 premium to coopers closing price on friday shares in cooper jumped 17 in premarket trading the deal which has been approved by the boards of both companies is expected to close in the second half of this year it would give shareholders of goodyear based in akron ohio about 84 of the company and cooper shareholders with the remaining 16 the companies said ap published on feb 22 2021 at 0659 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app goodyear tyres cooper auto industry goodyear copper acquisition homenewstyresgoodyear acquires cooper in allamerican tire combination