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PPG News Abounds in Aftermath of Platinum Suit

News outlets from across the country and around the world have been busy covering the latest news from PPG Industries, since the Pittsburgh-based company announced yesterday that Platinum Equity has attempted to terminate the agreement to buy its auto glass business. Click on the links below for the latest.

Cracks Appear In PPG Deal
It was just a few months ago that PPG and Platinum Equity got cozy over the former's automotive glass & services business, but now that relationship is on the rocks.

$500 Million Sale of PPG Auto Glass Business in Doubt
The purchaser of PPG Industries Inc.'s automotive glass business accused the Pittsburgh-based company of fraud by misrepresenting and concealing facts about the financial condition and performance of the glass operations, a lawsuit filed in New York State Supreme Court alleges.

Buyer Sees PPG Glass Darkly
A private-equity firm says PPG portrayed its automotive glass division in too good of a light, and now it's going to court to get out of a $500 million deal to purchase the unit.

Suit Puts Evart PPG Sale in Limbo
A $500 million business deal that includes an Evart factory could be in jeopardy.

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