TPG-Axon Capital Discloses 5.5% Stake in Goodyear Tire (GT)

January 8, 2008 1:26 PM EST

In a 13G filing after the close on Goodyear Tire & Rubber Co. (NYSE: GT), TPG-Axon Capital disclosed a 5.5% stake (13,250,000 shares) in the company.

The Goodyear Tire & Rubber Company, together with its subsidiaries, engages in the development, manufacture, distribution, and sale of tires and related products worldwide.

TPG-Axon Capital is a leading global investment firm with over $5.8 billion of capital invested in public and private markets around the world. TPG-Axon spun out of buyout firm Texas Pacific Group.


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