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Pittsburgh-based PPG Industries Inc. said it has...

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From Times Staff and Wire Reports

Pittsburgh-based PPG Industries Inc. said it has sued Clorox Co. of Oakland over PPG’s September acquisition of Clorox’s two paint subsidiaries for $130 million. Details of the lawsuit were not disclosed . . . Seattle-based Microsoft Corp. has declared a 100% stock dividend, payable to shareholders of record March 26, and doubling the number of shares outstanding to about 112 million.

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