UPDATE: HRG Group (HRG) Considering Selling Itself as CEO Prepares to Leave - Bloomberg

November 17, 2016 4:53 PM EST

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(Updated - November 17, 2016 4:57 PM EST)

HRG Group (NYSE: HRG) is mulling a sale as CEO Omar Asali prepares to step down to set up his own firm, according to Bloomberg, citing sources. HRG is looking for advisers to help it with a strategic review, the report said.

A buyer would get control of Spectrum Brands (NYSE: SPB).

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