Spectrum Sets June 11 for Shareholders Meeting on Russell Hobbs Merger
May 10, 2010,
MADISON, Wis.-Spectrum Brands has scheduled a shareholders meeting on its proposed merger with Russell Hobbs for June 11.
At the meeting, the shareholders are scheduled to vote on the adoption of the merger agreement and the plan of merger, which was announced on Feb. 9.
The proposed merger would create a global consumer-products company with an estimated $3 billion in annual revenues. The deal is now expected to close in June, the statement said.