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

See more news about:

Others also read

New STEM education facility at Carnegie Science Center targeted to open in 2018.
PPG has designed and produced windows for the Breakthrough Laminar Aircraft Demonstrator in Europe (BLADE), a Clean Sky Smart Fixed Wing Aircraft Integrated Technology Demonstrator (SFWA ITD).
PPG reaches agreement with Nippon Electric Glass for sale of remaining fiberglass operations.
PPG and Vision Systems have reached a commercial agreement to work together on developing new applications utilizing Vision Systems’ electronically dimmable window shading solutions for aircraft.
Annual conference for decorated glass and ceramics set for Pittsburgh, April 22-24.
$55 million investment to enable production of jumbo-sized energy-efficient glass

Add new comment