Spectrum Brands/HRG Group $10 billion merger

Overview:

• Spectrum Brands and HRG Group have merged in a $10 billion deal.
• Spectrum maintains a portfolio of consumer brands.
• HRG had previously been a shareholder of Spectrum's.
• Moelis & Company served as financial adviser for Spectrum's special committee.
• JP Morgan Securities and Jefferies acted as financial advisers for HRG.
• The transaction is expected to close by the end of this year's second quarter.

Kurt Stumpo - Journalist