UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report:
|
March
6, 2008 (February 26, 2008)
|
|
(Date
of earliest event reported)
|
|
SPECTRUM
BRANDS, INC.
|
|
(Exact
Name of Registrant as Specified in
Charter)
|
|
Wisconsin
|
001-13615
|
22-2423556
|
||
|
(State
or other Jurisdiction of Incorporation)
|
(Commission
File No.)
|
(IRS
Employer Identification No.)
|
|
Six
Concourse Parkway, Suite 3300, Atlanta, Georgia 30328
|
|
(Address
of principal executive offices, including zip
code)
|
|
(770)
829-6200
|
|
(Registrant's
telephone number, including area
code)
|
|
N/A
|
|
(Former
Name or Former Address, if Changed Since Last
Report)
|
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the Registrant under any of the following
provisions:
|
□
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
|
□
|
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
□
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17
CFR 240.14d-2(b))
|
|
|
□
|
Pre-commencement
communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
ITEM
8.01. OTHER EVENTS
As previously reported, Spectrum
Brands, Inc. (the "Company") has engaged financial advisors to assist it in
exploring possible strategic options, including divesting certain of its assets,
in order to sharpen its focus on strategic growth businesses, reduce its
outstanding indebtedness and maximize long-term shareholder value. In
that regard, on February 26, 2008, the Company entered into a confidentiality
and standstill agreement with Harbinger Capital Partners Master Fund I, Ltd.
("Harbinger") in order to provide Harbinger with confidential information
relating to certain of the Company's strategic operating assets in connection
with Harbinger's evaluation of a possible acquisition thereof.
Forward-Looking
Statements
This Current Report on Form 8-K
contains forward-looking statements, which are based on the Company's current
expectations and involve risks and uncertainties, including, but not limited to,
risks and uncertainties relating to (i) the Company's ability to agree on terms
for any acquisition by Harbinger, (ii) the impact of any such acquisition on the
Company's outstanding indebtedness and continuing operations and (iii) various
other factors, including those set forth in the Company's recently filed Annual
Report on Form 10-K and Quarterly Report on Form 10-Q. The Company
cautions the reader that actual results could differ materially from the
expectations described in the forward-looking statements. The Company
also cautions the reader that undue reliance should not be placed on any of the
forward-looking statements, which speak only as of the date of this report. The
Company undertakes no responsibility to update any of these forward-looking
statements to reflect events or circumstances after the date of this report or
to reflect actual outcomes.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
Date: March
6, 2008
|
SPECTRUM
BRANDS, INC.
|
||
|
By:
|
/s/
Anthony L. Genito
|
||
|
Name:
|
Anthony
L. Genito
|
||
|
Title:
|
Senior
Vice President, Chief
|
||
|
Financial
Officer and Chief
|
|||
|
Accounting
Officer
|
|||