Cooper Tire & Rubber Company and Fate Sign Letter of Intent

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Cooper Tire (CTB), Fate Enter Collaboration Agreement

November 23, 2015 8:38 AM EST

Cooper Tire & Rubber Company (NYSE: CTB), and Fate announced they have signed a letter of intent (LOI) to work together.

Initially, Fate will become a distributor of Cooper branded passenger, light truck and sport utility vehicle (SUV) radial tires in Argentina, complementing Fates existing product portfolio. Over time, the two companies may also work... More