US local time on December 30, 2013, the United States Cooper Tire & Rubber Company (Cooper Tire & Rubber Co), chairman, CEO and president Yan Wenshan (Roy Armes) said in a statement: "It is the business continue to promote Cooper's time. Although the strategic merger with Apollo has huge appeal, it is now very clear that the merger agreement signed by the two companies on June 12 of this year could not be completed by Apollo, and we learned that transaction financing has been terminated. For Cooper, the right choice is to continue to develop its own business." Apollo plans to acquire the entire shareholding of Cooper Tire at a price of INR 145 billion (US$2.5 billion). On June 12th this year, the two sides signed a preliminary agreement, but Cooper's joint venture subsidiary, Cooper-Chengshan, was opposed to the transaction and even held a strike boycott. Afterwards, the deal suffered a series of setbacks, including US union opposition, price disagreements, and Cooper's belief that Apollo was trying to obtain favorable conditions through delaying tactics to cast a shadow over the deal. In mid-November, Cooper filed an appeal against the procrastination of Apollo tyres to the Supreme Court of Delaware in the United States. The appeal was rejected on December 17, but after less than two weeks, Cooper announced the termination of the merger plan. Yan Wenshan stressed that the company believes that Apollo tires violated the previously signed merger agreement and will continue to seek legal measures to protect the interests of the company and its shareholders. Construction Aluminum Profiles
The biggest characteristic of aluminum and aluminum alloy is that its bulk density is about 1 / 3 of that of steel, while the specific strength (the ratio of strength limit to specific gravity) can reach or exceed that of structural steel. Secondly, aluminum and aluminum alloy are easy to be processed into various shapes and can adapt to various connection processes, so as to provide favorable conditions for the building structure to adopt the most economical and reasonable section form. Therefore, the use of aluminum alloy can not only greatly reduce the weight of buildings and save materials, but also reduce the workload of component transportation and installation and speed up the construction progress. This has a more significant economic effect on earthquake areas and mountainous and remote areas with inconvenient transportation. Aluminum and aluminum alloys have beautiful color, good corrosion resistance, high reflectivity to light and heat and good sound absorption performance. Various colors can be obtained by chemical and electrochemical methods. Therefore, aluminum materials are widely used in roofs, walls, doors and windows, frames, internal and external decorative plates, ceilings, suspended ceilings, handrails, indoor furniture, store containers and construction templates of industrial and civil buildings.
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