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Pittsburgh-Corning Corp., the bankrupt maker of insulation and glass blocks, has reached a nearly $3.2 billion settlement regarding asbestos lawsuits filed against it and its 50 percent stakeholder, PPG Industries Inc. The settlement will shield PPG and Pittsburgh-Corning from all future asbestos claims for asbestos products the companies manufacture, distribute or sell.
May 17, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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