WASHINGTON (Jan. 9, 2008) — TPG-Axon Capital Management L.P. has increased its interest in Goodyear to 5.5 percent.
The hedge fund, in a report filed with the U.S. Securities and Exchange Commission on Jan. 8, said it boosted its interest in the tire maker to 13.25 million shares from 5.97 million shares, as of Sept. 30. The firm didn't disclose when it bought the shares or its purpose in the acquisition.