Clorox issues soft forecast
Clorox Co. issued a soft quarterly forecast Monday and plans to step up its promotions to lure consumers who have been buying less of its namesake household-cleaning products.
OAKLAND, Calif. ― Billionaire investor Carl Icahn offered to buy Clorox Co. in a $10.2 billion deal, but also invited the household products maker to solicit rival bids, which he said would yield much higher offers for the company.