|
Quotes & Info
|
| SPB > SEC Filings for SPB > Form 8-K on 12-Oct-2012 | All Recent SEC Filings |
12-Oct-2012
Other Events
On October 8, 2012, Spectrum Brands, Inc., a Delaware corporation ("Spectrum Brands"), a subsidiary of Spectrum Brands Holdings, Inc. ("SB Holdings") entered into an Acquisition Agreement (the "Acquisition Agreement"), with Stanley Black & Decker, Inc., a Connecticut corporation ("Seller"), pursuant to which Spectrum Brands will acquire the residential hardware and home improvement business of Seller (the "Acquisition").
The Acquisition includes the purchase by Spectrum Brands of shares of certain subsidiaries of Seller involved in, and assets of Seller and its subsidiaries primarily used or held for use in connection with, the operation or conduct of Seller's hardware and home improvement business. The Acquisition will also include the purchase by Spectrum Brands of certain assets of Tong Lung Metal Industry Co. Ltd., a Taiwan corporation ("TLM Taiwan") involved in the production of residential locksets. Seller is currently in the process of completing the acquisition of all of the issued and outstanding shares of TLM Taiwan.
The foregoing summary does not purport to be complete and is qualified in its entirety by reference to Spectrum Brands' current report on Form 8 -K filed on October 12, 2012 ("SB 8-K") and documents referenced therein. Interested parties should read the SB 8-K and other announcements and public filings by Spectrum Brands regarding the Acquisition Agreement. Spectrum Brands' filings with the Securities and Exchange Commission are available at www.sec.gov.
|
|