Goodyear FCPA Fine Spotlights Dangers In Overseas M&A
By Ed Beeson ( February 24, 2015, 7:06 PM EST) -- The due diligence that companies run on overseas acquisitions came into sharp relief Tuesday when the U.S. Securities and Exchange Commission sanctioned Goodyear Tire & Rubber Co. $16.2 million over alleged bribes paid by two Africa-based subsidiaries, saying the tire manufacturer failed to put the brakes on illegal behavior and got its rubber burned instead....
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