Clorox To Buy Burt's Bees

Clorox has received antitrust clearance to buy North Carolina-based personal-care product company Burt's Bees for 925 million dollars.

The Federal Trade Commission says today it granted early
termination of the waiting period required under antitrust laws.

Clorox will fund the all-cash deal for Morrisville-based Burt's
Bees through a combination of cash and short-term borrowings


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