Class Action Over Failed $2.5B Cooper-Apollo Tie-Up Tossed

By Matt Chiappardi (July 1, 2015, 9:00 PM EDT) -- A Delaware federal judge tossed a putative class action surrounding the failed $2.5 billion merger between Cooper Tire & Rubber Co. and Apollo Tyres Ltd. in 2013, ruling Wednesday that suing shareholders hadn't shown Cooper made false statements about the deal or knowingly engaged in wrongdoing....

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