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auto care

Spectrum Brands to buy Armored AutoGroup for $1.4 billion

MIDDLETON, Wis. — Spectrum Brands Holdings Inc. plans to acquire automotive products company Armored AutoGroup Parent Inc. from Avista Capital Partners in a $1.4 billion deal. Spectrum Brands said late Tuesday that the agreement has been approved by the boards of both companies, and the transaction is expected to close before the end of Spectrum’s fiscal third quarter on June