Where Will Goodyear Be in 3 Years?
Goodyear's (NASDAQ: GT) recent acquisition of Cooper Tires is the key to understanding where the company will be in a few years. The deal significantly strengthens Goodyear in key end markets and geographies. The deal joins the third-biggest tire manufacturer globally (No. 1 in the U.S.) with the 13th-biggest global player and fifth-largest tire manufacturer in the U.S. It immediately adds scale to Goodyear's operations.