Clorox Acquisition of Burt's Bees Smells Familiar
NYT has an interesting article about Clorox's (CLX) recent acquisition of Burt's Bees, the sorta hippy producer of natural cosmetics.
The story has shades of Ben & Jerry's sale to Unilever (UN), which seemed similarly incongruous. Ben & Jerry's was in Vermont; Burt's Bees got its start it Maine. And both were started by a quirky pair of folks. Interestingly, the pair behind Burt's Bees, who were once a couple, had a falling out several years back. So the actual Burt has made a sliver of the money made by his partner, Roxanne Quimby, who bought him out.
Ben and Jerry had disputes too, but it was mainly that one of them liked chunky-style ice cream and other preferred smooth. That's not a joke; that's what I heard from someone close to the company a while back.
Get Seeking Alpha Free Stock Alerts by Email!
Get Free Stock Alerts by Email!
ETFs In Focus
-
Editor's Picks
-
Most Popular
- Buying Berkshire: The Ultimate No-Brainer
- PowerShares Dynamic Retail ETF Finds Bargains in Discount Retailers
- Global Stock Markets: We All Fall Down!
- American Capital Agency: Making Money the Old-Fashioned Way
- How Should Policymakers Respond to the Employment Report?
- Don't Believe the Gold Bears' Hype
- Full list of Editor's Picks »
- Wall Street Breakfast: Must-Know News »
- Apple: Steve and I Have Been Wrong »
- Gold Futures' Dirty Secret (Part II) »
- Rescuing Frannie »
- Why Commodities May Be Nearing a Turning Point »
- Corning: Looking Very Cheap »
- Is Gold Getting Ready to Bounce? »
- Friday Outlook: What Phony Sell-off?! »
- The $64 Trillion Question: What's the Dollar Really Worth? »
- Fannie, Freddie Headed for Conservatorship »
- Bill Ackman's Letter to Paulson On Restructuring Plan »
-
Long Ideas
-
Short Ideas
-
Cramer's Picks
- Don't Recycle Schnitzer Steel Yet - Barron's
- Antigenics: Insider Buying Alert
- Discover Financial: A Creditable Investment - Barron's
- American Capital Agency: Making Money the Old-Fashioned Way
- Time to Recognize Cognizant - Barron's
- Avoid the 'Group Think' on Melco-Crown
- Safeway: A Safe Way to Invest
- A Rustbelt Revival: From Doom to Boom
- Forget the Moral Outrage: Just Restore the Mortgage Markets
- The Weak Short Case Against Jos. A. Bank
- Full list of Long Ideas »
- Nuance Communications: An End to Acquisitive Growth
- Short Interest Rising in Tesoro; Shorts Covering Airline Positions
- Harbinger Capital: Cut Short
- Not Much Meat on Pilgrim's Pride's Bones
- Salesforce.com: Demystifying the Force
- Should We Listen to Boone Pickens on Oil?
- Three Reasons Solar Sell-off May Be in Early Innings
- Is the Market Rolling Over?
- Solar and Oil, Part Deux
- Financial vs. International ETFs: Which Bear is Grizzlier?
- Full list of Short Ideas »
- Fed Should Cut Rates - Cramer's Mad Money (9/5/08)
- Bullish on Wachovia - Cramer's Lightning Round (9/5/08)
- Worst Downgrades - Cramer's Stop Trading! (9/5/08)
- Pimco's Bill Gross: Jim Cramer Is 'Courageous' and 'Entertaining'
- Cramer Sees the Light - Cramer's Mad Money (9/4/08)
- Keep Buying Big Brown - Cramer's Lightning Round (9/4/08)
- Don't Buy These Bonds - Cramer's Stop Trading! (9/4/08)
- Loss of Integrity - Cramer's Mad Money Recap (9/3/08)
- Not Off the RIMM - Cramer's Lightning Round (9/3/08)
- Unbelievable Moves - Cramer's Stop Trading! (9/3/08)
- Full list of Cramers Picks »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »


