Icahn Says He Expects Interest in Clorox From Other Bidders

Billionaire investor Carl Icahn, who offered to acquire Clorox Co. in a deal valuing the company at $10.2 billion today, said he expects interest from other buyers and that he hasn’t studied spinning off individual brands.

The benefits of owning the whole company are “extremely compelling” and would help pay debt potential buyers took on to fund an acquisition, Icahn said today in a telephone interview.