Cooper Tire & Rubber (CTB) Higher on Potential Deal wth Apollo Tyres

October 11, 2012 9:28 AM EDT
Cooper Tire & Rubber Co. (NYSE: CTB) is jumping higher on reports India's Apollo Tyres could acquire a controlling stake in the company in the $600-$800 range.

Shares of Cooper Tire last traded at $21.35, up 14.2 percent.

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