Sellout: Clorox's Bees

I was bummed to learn that Burt's Bees, makers of natural products, was bought by Clorox for $913 million. One of the owners (and ex-lover of Burt) got $300 million, Burt got $4 million, although, it sounds like he was bought out years ago. Burt lives in a chicken coop. The confusing story here

Another sellout: Tom's of Maine.
84% of company sold to Colgate-Palmolive for $100 million.

The Body Shop was bought by Loreal in 2006.

No comments: