Firestone Tire & Rubber Co. has reopened...
- Share via
Firestone Tire & Rubber Co. has reopened talks with Bridgestone Corp. after the Firestone board asked the firm to consider alternatives to a $1.9-billion takeover bid by Italian manufacturer Pirelli. Firestone said Pirelli’s offer of $58 a share had killed earlier plans to sell most of the Firestone tire-making business to Bridgestone. Chicago-based Firestone announced a tentative deal last month to sell three-quarters of its tire-making business to Bridgestone of Japan for about $1.25 billion.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
