Entries tagged "Spectrum Brands"
After months of speculation, consumer products maker Spectrum Brands finally filed for Chapter 11 and will restructure.
Could bankruptcy soon be in Spectrum Brands Inc.'s future? One analyst, Lauren DeSanto of Morningstar Inc., thinks that the consumer products company -- which carries batteries, lawn and garden care products, specialty pet supplies, and Remington shaving and grooming products -- could soon get a haircut: trading at $0. ...
Hedge fund Harbinger Capital Partners Master Fund I Ltd. on Feb. 26 entered into a confidentiality and standstill agreement with Spectrum Brands Inc. in order to evaluate a potential acquisition of "certain assets" of the consumer products company, according to a 13D filed late Monday to the Securities and Exchange Commission. ...
