UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported): October 24, 2011 (October 24, 2011)
COOPER-STANDARD HOLDINGS INC.
(Exact name of registrant as specified in its charter)
Delaware | 333-123708 | 20-1945088 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
39550 Orchard Hill Place Drive
Novi, Michigan 48375
(248) 596-5900
(Address, including zip code, and telephone number, including
area code, of registrants principal executive offices)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 | Other Events |
On October 24, 2011, Cooper-Standard Holdings Inc. issued a press release providing an update on its strategic alternatives process. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 8.01.
Item 9.01 | Financial Statements and Exhibits |
The following exhibit is filed as part of this report.
(d) | Exhibits. | |||
99.1 Press Release of Cooper-Standard Holdings Inc., dated October 24, 2011. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
COOPER-STANDARD HOLDINGS INC. | ||
By: | /s/ Timothy W. Hefferon | |
Timothy W. Hefferon | ||
Vice President, General Counsel and Secretary |
Date: October 24, 2011
Exhibit 99.1
Contact: |
Sharon S. Wenzl | |
Cooper Standard | ||
(248) 596-6211 | ||
sswenzl@cooperstandard.com |
Cooper Standard Board Discontinues Evaluation of Possible Sale of Company
NOVI, Mich., Oct. 24, 2011 Cooper-Standard Holdings Inc. (OTCBB:COSH) (the Company), the parent company of Cooper Standard Automotive, previously announced that its Board of Directors commenced a process to evaluate various strategic alternatives to enhance shareholder value, including, but not limited to, the possible sale of the Company. Based upon current market conditions, the Board of Directors of the Company has decided to discontinue its evaluation of a possible sale of the Company, but will continue to review opportunities to enhance shareholder value.
About Cooper Standard
Cooper Standard, headquartered in Novi, Mich., is a leading global supplier of systems and components for the automotive industry. Products include body sealing systems, fluid handling systems and anti-vibration systems. Cooper Standard employs approximately 21,000 people globally and operates in 19 countries around the world. For more information, please visit the companys website at www.cooperstandard.com.
Forward-Looking Statements
This news release includes forward-looking statements. Forward-looking statements may involve known and unknown risks, uncertainties and other factors, which may cause actual results to differ materially from those projected, stated or implied, depending on many factors.
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