Goodyear Tire’s balance sheet may be improved.

Akron, Ohio-based Goodyear Tire & Rubber Co.’s restructuring by selling assets to thwart a takeover attempt may result in the firm’s having a slightly better-looking balance sheet than expected, a spokesman said. Chairman and Chief Executive Robert E. Mercer said the company hoped to raise $3 billion from the sale of assets. Goodyear so far has only agreements to sell $1 billion worth of assets, consisting of farm and resort property near Phoenix and its Aerospace and Motor Wheel subsidiaries. The company is still trying to find a buyer for the Celeron Corp. oil and gas unit, based in Austin, Tex.