Time to Split Up Spectrum Brands?
Spectrum Brands (SPC) got a jolt after a Prudential Equity Group analyst said the maker of Rayovac batteries and other consumer products is worth $19 in a sum-of-the-parts valuation. The stock jumped 7.5% to $8.70, and was one of the largest percentage gainers on the New York Stock Exchange on Oct. 3.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.