PPG Industries Receives Favorable Private Letter from IRS Related to Separation of Commodity Chemicals Unit
December 21, 2012 at 08:13 AM EST
Georgia Gulf Corporation (NYSE: GGC ) today announced that a favorable private letter ruling has been received by PPG Industries (NYSE: PPG ) from the U.S. Internal Revenue Service with respect to the previously announced separation of PPG's commodity chemicals business and subsequent merger of a newly formed company owning the commodity chemicals