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BUSINESS
December 24, 1997 | Reuters
Britain's Reckitt & Colman, maker of Lysol and Resolve cleaners, said it agreed to buy four household brands from S.C. Johnson & Son Inc. for $160 million. The brands--Spray 'N Wash stain remover, Glass Plus cleaner, Yes laundry detergent and Vivid bleach--are being acquired by Johnson from the Dow Chemical Co. as part of its purchase of Dow's consumer products business. Upon completion of that transaction, expected in January, the brands' ownership will go to the British company's U.S. unit.
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BUSINESS
December 24, 1997 | Reuters
Britain's Reckitt & Colman, maker of Lysol and Resolve cleaners, said it agreed to buy four household brands from S.C. Johnson & Son Inc. for $160 million. The brands--Spray 'N Wash stain remover, Glass Plus cleaner, Yes laundry detergent and Vivid bleach--are being acquired by Johnson from the Dow Chemical Co. as part of its purchase of Dow's consumer products business. Upon completion of that transaction, expected in January, the brands' ownership will go to the British company's U.S. unit.
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BUSINESS
December 21, 1996 | KIMBERLY SANCHEZ, TIMES STAFF WRITER
Dep Corp., the Rancho Dominguez firm best known for its gooey hair gel, said Friday that it will receive $3.9 million from an out-of-court settlement of trademark litigation with S.C. Johnson & Son Inc. Dep, which emerged from Chapter 11 bankruptcy protection in November, said the agreement ends all fraud and libel claims between the companies. Dep filed suit over disputes involving its $45-million purchase of Johnson's Agree and Halsa shampoo brands in 1993.
BUSINESS
December 21, 1996 | KIMBERLY SANCHEZ, TIMES STAFF WRITER
Dep Corp., the Rancho Dominguez firm best known for its gooey hair gel, said Friday that it will receive $3.9 million from an out-of-court settlement of trademark litigation with S.C. Johnson & Son Inc. Dep, which emerged from Chapter 11 bankruptcy protection in November, said the agreement ends all fraud and libel claims between the companies. Dep filed suit over disputes involving its $45-million purchase of Johnson's Agree and Halsa shampoo brands in 1993.
BUSINESS
July 13, 1993 | From Bloomberg Business News
Dep Corp. said Monday that it will acquire the Agree and Halsa hair care brands from S.C. Johnson & Son Inc. for $45 million. The purchase price includes trademarks for the United States, Canada and most other foreign countries, together with related proprietary rights, inventory and equipment. The closing is scheduled to occur in early August. "This acquisition fits superbly with our strategic plan," said Robert Berglass, chairman and president of Rancho Dominguez-based Dep. "Our Dep and L.A.
BUSINESS
October 28, 1992 | From Times Staff and Wire Reports
Bristol-Myers to Sell Its Household Products Unit: In a move that will bring such household names as Windex and Drano into the same corporate stable as Pledge, Glade and Off!, Bristol-Myers Squibb Co. of New York has agreed to sell its household products business to S.C. Johnson Wax for $1.15 billion. The cash deal will place Bristol-Myers' Drackett & Co. subsidiary in the hands of Racine, Wis.-based Johnson.
BUSINESS
March 6, 1995 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Talk about bad hair days. Dep Corp., a Los Angeles-based maker of beauty products, has been losing money virtually since it bought the Agree and Halsa hair-care lines from S. C. Johnson & Son in August, 1993. Dep has sued Johnson, alleging that the Racine, Wis., company not only misrepresented sales figures, but also wrongfully altered its marketing and sales practices before the deal was closed and thereby reduced potential sales of the shampoo products.
BUSINESS
December 18, 1998
* Berkshire Hathaway Inc., the investment company of billionaire Warren Buffett, said it received a favorable ruling from the Internal Revenue Service that will allow it to acquire General Re Corp., the nation's largest reinsurer, in a $17.5-billion, tax-free stock swap. Investors will receive either 0.0035 of a Berkshire Class A share or 0.105 Class B share for each share of Stamford, Conn.-based General Re they hold. * Toyota Motor Corp. said it chose Hebron, Ky.
BUSINESS
November 21, 2001 | Bloomberg News
Johnson Wax Professional, the closely held U.S. maker of floor cleaner and Good Sense air fresheners, agreed to buy Unilever's industrial cleaners unit for about $1.6billion to more than double its sales. Racine, Wis.-based Johnson Wax, spun off from S.C. Johnson & Son Inc. in 1999, would pay $1billion in cash for DiverseyLever and would lend Unilever $279million, the company said. Unilever also would get a one-third stake valued at $300million in the combined operations.
BUSINESS
January 13, 1996 | Times Staff and Wire Reports
Foote Cone Gets Entire S.C. Johnson Ad Account: S.C. Johnson & Son Inc. said it was dismissing 27 other agencies around the world to give all its ad business to Chicago-based Foote Cone & Belding, which has been among its agencies for more than 40 years. A growing list of multinational marketers are consolidating their global advertising assignments with a single agency in hopes of creating more effective sales messages. Privately owned, Racine, Wis.
BUSINESS
March 6, 1995 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Talk about bad hair days. Dep Corp., a Los Angeles-based maker of beauty products, has been losing money virtually since it bought the Agree and Halsa hair-care lines from S. C. Johnson & Son in August, 1993. Dep has sued Johnson, alleging that the Racine, Wis., company not only misrepresented sales figures, but also wrongfully altered its marketing and sales practices before the deal was closed and thereby reduced potential sales of the shampoo products.
BUSINESS
July 13, 1993 | From Bloomberg Business News
Dep Corp. said Monday that it will acquire the Agree and Halsa hair care brands from S.C. Johnson & Son Inc. for $45 million. The purchase price includes trademarks for the United States, Canada and most other foreign countries, together with related proprietary rights, inventory and equipment. The closing is scheduled to occur in early August. "This acquisition fits superbly with our strategic plan," said Robert Berglass, chairman and president of Rancho Dominguez-based Dep. "Our Dep and L.A.
BUSINESS
October 28, 1992 | From Times Staff and Wire Reports
Bristol-Myers to Sell Its Household Products Unit: In a move that will bring such household names as Windex and Drano into the same corporate stable as Pledge, Glade and Off!, Bristol-Myers Squibb Co. of New York has agreed to sell its household products business to S.C. Johnson Wax for $1.15 billion. The cash deal will place Bristol-Myers' Drackett & Co. subsidiary in the hands of Racine, Wis.-based Johnson.
BUSINESS
September 13, 1995 | Times Staff and Wire Reports
Clorox Acquires Black Flag: Oakland-based Clorox Co. said it acquired the Black Flag insecticide line from Britain's Reckitt & Colman for undisclosed terms. The assets being acquired, including the Roach Motel bait trap and Holiday foggers, will retain their brand names and be added to Clorox's line of Combat insecticides, Clorox said. Clorox markets a broad line of household products in addition to its namesake bleach.
BUSINESS
October 29, 1997 | Associated Press
Dow Chemical Co. said it will sell its DowBrands consumer products unit to closely held S.C. Johnson & Son Inc., maker of Johnson Wax and Pledge, as part of its strategy to focus on chemicals and plastics. Terms weren't disclosed. The DowBrands unit could have a price tag of $1 billion or more, analysts said. The unit had 1996 revenue of $800 million, Dow Chemical said. The sale would end months of uncertainty about what the Midland, Mich.-based chemicals maker would do with the unit.
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