Cooper Tire & Rubber to repurchase up to $200 million in notes

By Devika Patel

New York, Aug. 6 - Cooper Tire & Rubber Co. announced that on Aug. 3 its board of directors authorized the repurchase of up to $200 million of the company's notes.

The repurchase of debt may be accomplished through open market transactions, a tender offer, or a combination of the two.

Cooper Tire & Rubber is a Findlay, Ohio-based manufacturer of replacement tires.

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