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HRG Group

Spectrum Brands, HRG Group to merge in $10 billion deal

Spectrum Brands, HRG Group to merge in $10 billion deal

MIDDLETON, Wis., and NEW YORK — Consumer products giant Spectrum Brands Holdings Inc. plans to combine with its largest shareholder, public holding company HRG Group Inc., in a transaction valued at $10 billion. The companies said Monday that, under the agreement, HRG will effect a reverse stock split in which HRG shareholders will receive in the

Maura sharpens focus on Spectrum Brands

Maura sharpens focus on Spectrum Brands

MIDDLETON, Wis. — David Maura, executive chairman of Spectrum Brands Holdings Inc., has resigned from HRG Group Inc., which holds a majority stake in the company. Spectrum Brands said Maura’s departure from HRG, a diversified holding company, took effect Nov. 29 and that the move will enable him to further concentrate on helping to develop