Spectrum Brands' equity committee selects Allen & Co. as financial adviser

By Caroline Salls

Pittsburgh, March 19 - Spectrum Brands, Inc.'s official committee of equity security holders has selected Allen & Co. as its investment banking firm and financial adviser to help the committee represent the interests of shareholders in the company's bankruptcy case, according to a committee news release.

The committee said the engagement will be led by Allen managing directors Enrique Senior and Leroy Kim.

The selection is subject to the signing of an engagement letter and bankruptcy court approval.

Spectrum Brands is an Atlanta-based consumer products company and supplier of batteries, lawn and garden products, pet supplies, shaving and grooming products, household insect control products, personal care products and portable lighting.

The company filed for bankruptcy on Feb. 3 in the U.S. Bankruptcy Court for the Western District of Texas. Its Chapter 11 case number is 09-50455.

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