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Stock Market & Financial Investment News

News Breaks
June 10, 2014
08:11 EDTPPGPPG Industries to acquire Masterwork, terms not disclosed
PPG Industries announced that its North American architectural coatings business has reached a definitive agreement to acquire Masterwork, an independent architectural paint distributor headquartered in Pittsburgh. The acquisition of Masterwork, which operates a 13-store network throughout Western Pennsylvania, Ohio and New York, will expand PPG’s company-owned stores footprint in the region. The transaction is expected to close in Q3, subject to customary closing conditions. Financial terms were not disclosed.
News For PPG From The Last 14 Days
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October 1, 2014
17:04 EDTPPGCourt affirms amended reorganization plan for Pittsburgh Corning Corporation
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17:03 EDTPPGPPG Industries' and Corning' Pittsburgh Corning reorganization plan reaffirmed
PPG Industries (PPG) announced that the U.S. District Court for the Western District of Pennsylvania issued a memorandum opinion and order on Sept. 30 affirming confirmation of the current Pittsburgh Corning plan of reorganization. PPG and Corning Incorporated (GLW) are each 50% shareholders of Pittsburgh Corning, which filed for Chapter 11 bankruptcy protection in 2000. Under the plan of reorganization, PPG and its participating insurers are to make their initial payments to the trust 30 business days after the plan becomes effective and all conditions to funding have been met.
05:41 EDTPPGPPG Aerospace expands sealants production capacity at UK facility
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