Cooper Tire & Rubber files appeal in Apollo Tyres case

Cooper Tire & Rubber (CTB -4.2%) files an appeal with the Delaware Supreme Court to challenge a partial ruling issued in a lower state court which found the company has to do more to show it has abided by the terms of the deal agreement with Apollo Tyres.

Analysts think that without the help from the higher court in Delaware it could be difficult for Cooper to provide Q3 results by a deadline later this week.

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