Spectrum Brands Gets Green Light For $235M DIP

By Morgan Bettex (February 6, 2009, 12:00 AM EST) -- The federal judge overseeing the Chapter 11 bankruptcy proceedings of Spectrum Brands Inc. has signed off on a slew of first-day motions, including preliminary approval of up to $235 million in debtor-in-possession financing that the global consumer products company says it needs to stay afloat during its restructuring....

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