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  • Goodyear Tire & Rubber Company

    The Independent Committee of the Board of Directors of Goodyear Canada Inc. must assess the fairness of the proposed Going Private amalgamation received from Goodyear Canada's parent, The Goodyear Tire & Rubber Company of Akron, Ohio. The Goodyear Tire & Rubber Company offered to buy all the common shares of Goodyear Canada not already owned by them (11.2% of the shares issued were in public hands) for $48.00 (CDN) in cash per share. This represented a 22% premium over the closing price on the Toronto Stock Exchange on the previous afternoon.
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