Anybody who thinks this is going for less than $35 has no experience in these wild takeovers.
Last time something like this happened it was Maytag when pundits smashed it down to $12 and the takeover was completed at $18.
Reasons China would benefit from a takeover of CTB
1. CTB has a 5,000 employee plant in China.
2. China is adjacent to Russia where tires are needed, especially Cooper truck tires.
3. China needs more presence in USA and this would make a perfect match with its need to manufacture in both China and USA.
4. Carbon based products (synthetics) will be much less expensive to manufacture in USA as natural gas supplies come into surplus. This will make companies like Cooper far more competitive.
Great idea, then you get six months of the political posturing from the nudnicks in D.C.. A dozen or so Joe Tireworkers standing behind some politician at a podium, you get the picture. Holder's DOJ would step in just like the AA/US airline merger.