PPG Industries (PPG) Declares Force Majeure at Lake Charles Complex; Sees Q4 Impact
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PG Industries (PPG) Commences Split-Off Exchange Tied to Eagle Spinco Merger
December 27, 2012 1:34 PM ESTPG Industries (NYSE: PPG) today announced that it has commenced its exchange offer related to the split-off transaction of its commodity chemicals business. The split-off transaction is in connection with the separation and merger of Eagle Spinco Inc., a wholly-owned subsidiary of PPG that will own substantially all of the assets and liabilities of PPGs commodity chemicals business, with a subsidiary of Georgia Gulf Corporation (NYSE: GGC). As previously announced, PPG entered into definitive agreements as of July 18, 2012, to separate and merge its commodity chemicals business with Georgia... More
