Spectrum Brands Posts Q4 Earnings Beat, Reaffirms Resolve To Acquire Helen of Troy

Spectrum Brands Posts Q4 Earnings Beat, Reaffirms Resolve To Acquire Helen of Troy

Soon after announcing an offer to acquire Helen of Troy Ltd., Spectrum Brands announced fourth-quarter financial results that beat Wall Street predictions on earnings but not revenue. Spectrum Brands’ net income from continuing operations was $26.4 million, or...
Helen of Troy Rejects Takeover Bid From Spectrum Brands, Oaktree Capital

Helen of Troy Rejects Takeover Bid From Spectrum Brands, Oaktree Capital

Helen of Troy Ltd. said a takeover bid from the company jointly owned by Spectrum Brands Holdings and Oaktree Capital Management isn’t enough to cause Helen of Troy to deviate from its current structure and strategy. Helen of Troy stated that its board of directors...