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Stock impact report

With GOJO acquisition finalized, company rebrands as Clorox Purell [USA TODAY]

Clorox Company (The) (CLX) 
Last clorox company (the) earnings: 5/1 06:30 am Check Earnings Report
Company Research Source: USA TODAY
The Clorox Company and GOJO announced April 1 that Clorox had completed its planned acquisition of GOJO and adopted the new company name. Clorox, based in Oakland, California, said in a January news release that the parties agreed to a $2.25 billion cash purchase, with an estimated $330 million in tax benefits to put the net purchase price at $1.92 billion. Regarding questions about what else the deal means for the GOJO brand identity, its long-held place in the Akron area and what the change of ownership could mean, Samantha Williams, Clorox Purell vice president of strategic communications, said via email that more answers will come over time. "We're excited to begin our new chapter as Clorox Purell and will begin thoughtful integration work to unlock the opportunities ahead – growing the business and extending the impact of our solutions to more people, in more places," Williams said. "All GOJO team members are now part of Clorox Purell, and the business will continue to be Show less Read more
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