Time to Split Up Spectrum Brands?

Prudential analyst Constance Maneaty tells how three sale proposals can boost the consumer products maker's value

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.

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