Mischo Beauty News

Clorox To Buy Burt's Bees: Clorox announced Wednesday that it will pay $925 million in cash for privately held Burt's Bees in a quest to add natural products to its portfolio. Burt's Bees, which makes lip balm, lotions, hair products and other grooming items, is expected to have sales of about $170 million this year. The company was founded in 1984 in Maine, and is now based in Durham, N.C.

Source: Forbes.com



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