
where the company competes mostly on price. The transaction to spin off and merge the chlor-alkali business with Georgia Gulf eliminates another commodity business, which should improve returns on invested capital over the long run--a good
By Chris DeMuth Jr. : Axiall ( AXLL ) is the result of a somewhat complex deal between PPG Industries ( PPG ) and Georgia Gulf (GGC). I described the odd lot opportunity in this deal on January 24, but by way of brief background, shareholders
Whopper Investments : Recently, I discussed the PPG / Georgia Gulf arbitrage opportunity . The basics of the opportunity ..... shares (less than 100), tender them in an exchange for Georgia Gulf ( GGC ) shares, and make a quick 11% or so. However
days. The Short Version PPG Industries, Inc. ( PPG ) is simplifying its company by merging one of its units into Georgia Gulf ( GGC ). Here is what you need to know in order to exploit a profitable opportunity over the next few days: PPG holders
Directions : Previously, in " PPG Shareholders: Beware Of Georgia Gulf Exchange Offer ," I suggested that the confusing ..... significant potential to enhance value for both PPG and Georgia Gulf ( GGC ) shareholders. Unwelcome news: PPG executives
by PPG ( PPG ) of its commodity chemicals business to Georgia Gulf ( GGC ) for $2.1 billion has become a complicated ..... exchange offer - one in which PPG shareholders act as Georgia Gulf 's financiers by exchanging their PPG shares for newly
Jan 17 - Standard & Poor's Ratings Services said today that it assigned its 'BB' senior unsecured debt rating and '3' recovery rating to Georgia Gulf Corp.'s proposed offering of $450 million senior...
Overview -- U.S. chlor-alkali, vinyls, and building products maker Georgia Gulf Corp. ( Georgia Gulf ) is merging with PPG Industries Inc.'s commodity chemicals segment. -- We are raising...
Georgia Gulf ( GGC ) says Axiall Corp. will be the new company name upon completion of the merger with PPG's commodity chemicals business; the new NYSE ticker will be AXLL. Post your comment!
acquisition in the second quarter of 2013. PPG remains on schedule to shed its commodity chemicals business, with the Georgia Gulf transaction expected to occur early in 2013. As we have mentioned before, the transaction will allow management to