The Latest Breaking News from PPG

On CNBC’s "Mad Money Lightning Round," Jim Cramer said PPG Industries, Inc. (NYSE: PPG) shares are down too much as the company has been hurt by raw costs, but that’s going to end finally.

Current market conditions are volatile with a federal interest rate increase in the offing this week. Amid frequent price fluctuations, quality dividend aristocrats with consistent records are seemingly safer bets. With significant investor attention, Wall Street analysts thus expect The Sherwin-Williams Company (SHW), PPG Industries (PPG), Stanley Black & Decker…

Axalta dumps Akzo Nobel for Nippon Paint. Will PPG Industries jump back into the ring?

And that could mean another payday for Warren Buffett.

Managers, unions, judges and politicians all said 'no'

Now PPG has to decide whether to make a bid without aid from Akzo's board, or throw in the towel.

It is a 50% premium over Akzo Nobel's closing price of the day before the first offer.

It wants to split into two and pay its shareholders a big special dividend.

The maker of Dulux paint said the offer was too low and too risky.