2006-10-09
The sell off reportedly occurred in the third quarter of this year.
As of Sept. 30, Shapiro held 3% of all of Cooper’s outstanding shares – 1.87 million shares, down from 7.01 million four months earlier. Shapiro is now the 17th largest Cooper shareholder.
Largest Cooper Shareholder Cuts Stake
Cooper Tire & Rubber Co.’s largest single stock owner, Shapiro Capital Management LLC, cut its stake in the Findlay, Ohio-tire company by some 73%.
The sell off reportedly occurred in the third quarter of this year.
As of Sept. 30, Shapiro held 3% of all of Cooper’s outstanding shares – 1.87 million shares, down from 7.01 million four months earlier. Shapiro is now the 17th largest Cooper shareholder.
Source: www.tirereview.com
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