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BRIEF-Tourbillon sends letter to Spectrum Brands' board
May 18, 2017 / 1:14 PM / 6 months ago

BRIEF-Tourbillon sends letter to Spectrum Brands' board

May 18 (Reuters) - Spectrum Brands Holdings Inc

* Tourbillon sends letter to spectrum brands’ board of directors

* Tourbillon Capital Partners - urges spectrum brands board to evaluate opportunity to enter into a potential downstream merger with HRG Group

* Tourbillon Capital Partners- “believe right transaction with hrg could yield 70-90 pct upside to SPB shares”

* Tourbillon Capital Partners - expect Spectrum’s board to form a special committee and seek approval by a majority of spectrum’s minority shareholders Source text for Eikon: Further company coverage:

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