Scepter Holdings, Inc. (OTCPK:BRZL) agreed to acquire Ballengee Group, LLC for $47 million on March 26, 2024. BSG Holdings will receive a split of Scepter stock and seller notes valued at $47 million. The transaction is conditioned upon a reverse split and an increase in authorized shares and is expected to close as soon as those conditions are met.

Jeff Campbell will become the Chief Executive Officer of Scepter upon closing of the merger with the Ballengee Group. Prior to closing, Campbell will act as a consultant to Scepter.