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Business briefs: Clorox buys Burt's Bees
Staff reports, The Examiner Nov 1, 2007 6:00 AM (788 days ago)SAN FRANCISCO Oakland-based Clorox Co. (CLX) reported first-quarter profit that fell below analysts’ estimates and agreed to buy Burt’s Bees, the maker of natural lip balm and hand cream, for $925 million, its biggest acquisition in nine years. Closely held Burt’s Bees, based in North Carolina, uses bee’s wax, flowers and other natural ingredients in its soap, moisturizers and shampoo.
http://www.examiner.com/a-1022274~Business_briefs___Clorox_b uys_Burt_s_Bees.html The above excerpt and link will be sent by email. |
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