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6 months ago

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Breakingviews - Goodyear tune-up may go beyond rotating the tires

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Breakingviews - Goodyear tune-up may go beyond rotating the tires

A century is a long time to accumulate bad habits. Goodyear Tire & Rubber on Wednesday said it would try to shed some, by selling $2 billion of assets, streamlining its business and paying down debt. Corporate cage-rattler Elliott Investment Management, which won seats on the board in July, blessed the moves, which echo shifts rocking other aged industrial icons.

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Breakingviews - Goodyear tune-up may go beyond rotating the tires

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Breakingviews - Goodyear tune-up may go beyond rotating the tires

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