The sale of the shelf assets is the final step in our announced strategy to divest of lower-growth, shorter-lived properties and focus on higher-impact opportunities.

This is another important step in the overall data strategy we announced this summer to position Pacific Bell and Southwestern Bell as premier providers of data communications solutions.

This is another important step in the overall data strategy we announced this summer to position Pacific Bell and Southwestern Bell as premier providers of data communications solutions,

We believe management is focusing on its tangible assets and has laid out a strategy that should propagate the growth of marketed products along with the development of the core pipeline.

The acquisition of Jungle Labs represents another meaningful step forward in our strategy of becoming a larger and more important supplier of specialty pet products. Jungle Labs has a strong track record of innovative product development and marketing in water and fish care and its line of products in this high growth, high margin niche complements our existing Tetra, Marineland, ASI and Perfecto aquatics product mix nicely. This acquisition will be a positive addition to Spectrum Brands' leading market share position in the global aquatics marketplace.

If they diversify from the U.S. dollar denominated assets, it would lower the value of the U.S. dollar relative to China's currency, the yuan, and make it more expensive for American companies to buy goods made in China.