PPG, Platinum Settle Dispute Over $500M Glass Unit Sale

Date: 22 December 2011
Source: http://www.law360.com
Law360, New York (December 19, 2011, 1:09 PM ET) -- Coatings and chemicals manufacturer PPG Industries Inc. and private equity firm Platinum Equity LLC reached a settlement last week in their dispute over disclosures related to PPG's $500 million sale of its automotive glass division to Platinum in 2007.

The parties filed a stipulation of discontinuance with prejudice Dec. 12. Terms of the settlement in the suit, filed in New York state court, were not immediately available.

Read more: www.law360.com/mergersacquisitions/articles/294404/ppg-platinum-settle-dispute-over-500m-glass-unit-sale

600450 PPG, Platinum Settle Dispute Over $500M Glass Unit Sale glassonweb.com
Date: 22 December 2011
Source: http://www.law360.com

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