Updated Dec. 16, 2013 6:13 p.m. ET
Cooper Tire & Rubber Co.'s legal battle to hold its would-be buyer, India's Apollo Tyres Ltd., to the terms of their $2.2 billion merger took a hit on Monday when a Delaware court dismissed Cooper's appeal.
The Delaware Supreme Court had been slated to hear arguments on the matter Thursday but said in a court filing that the appeal had been "improvidently accepted," indicating it shouldn't have been taken on by the court...
via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGjOiBc1o9weauOJQ7hJd2mAkKCUw&url=http://online.wsj.com/article/SB10001424052702304403804579262583455711724.html
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