NEW YORK — According to published reports, the sale of Burt’s Bees is drawing nearer, with today serving as a deadline for bids for the cosmetics company. According to TheDeal.com, Burt’s Bees has narrowed its search to two bidders, New York buyout firms Forstmann Little & Co. and Vestar Capital Partners.

Forstmann Little and Vestar Capital could not be reached for comment by press time, although one published report cited Vestar as denying its interest in the company. Roxanne Quimby, president of the Raleigh, North Carolina-based company could not be reached for comment.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus