Spectrum Brands Holdings has agreed to a stipulation with the U.S. Department of Justice to settle the DOJ’s challenge of Assa Abloy’s acquisition of the company’s Hardware and Home Improvement segment. The DOJ had sued to block the sale, saying it would consolidate the door hardware market unfavourably.
(More on this fascinating story in the next hard-hitting edition of our Hardlines Weekly Report, which comes out next Monday. Click here now to learn more about this essential weekly publication!)
