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Jul 31, 2007

Business * USA - Michelin signs agreement to acquire Oliver Rubber

Greenville,S.C.,USA & Findlay,OH,USA -The Trucker -31 July 2007: -- Michelin North America Inc. today announced that it has signed a definitive agreement to acquire Oliver Rubber Co., a subsidiary of Cooper Tire & Rubber Company, which produces tread rubber and retreading equipment... The acquisition will be completed upon receipt by the parties of necessary regulatory approvals. Following the acquisition, Oliver will operate as a subsidiary of Michelin North America Inc....

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