June 30th 2008 09:10 am

Spectrum Brands: Pet supply unit sale blocked by senior lenders - MSN MoneyCentral

Spectrum Brands Inc.’s $693 million deal to sell global pet supply business United Pet Group to Salton Inc. has hit an obstacle. Atlanta-based Spectrum (NYSE: SPC ) said Monday it could not get the approval of its senior lenders to complete the sale …

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