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Clorox gets OK to buy Burt's Bees

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WASHINGTON (Dow Jones/AP) -- Clorox has received antitrust clearance to buy North Carolina-based personal-care product company Burt's Bees for $925 million. 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. (Copyright 2007 by The Associated Press. All Rights Reserved.)

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