% | $
Quotes you view appear here for quick access.

Spectrum Brands Holdings, Inc. Message Board

  • lindykatzenburg lindykatzenburg Jul 22, 2013 6:35 PM Flag

    Relative Value

    This looks like an enticing relative value opportunity. HRG’s controlling stake in SPB (30.893m shares) is valued by the market at $1,772m at today’s prices, yet the whole of HRG trades with a market cap of only $1,648m even AFTER giving effect to the conversion of HRG’s preferred stock. The remaining net assets are a free stub. Disc: Long HRG, Short SPB.

    Sentiment: Hold

111.73-5.40(-4.61%)Jun 27 4:02 PMEDT