Clorox and P&G Finalize Agreement on Glad Products Joint VentureOAKLAND, Calif., Nov. 18, 2002 - The Clorox Company (NYSE: CLX) (PSE: CLX) today announced that it has finalized a previously announced agreement with Procter & Gamble to establish a joint venture in food and trash bags, containers and wraps under the GladŽ, GladWareŽ and related trademarks. As announced on Nov. 14, the joint venture will have exclusive use of a range of current and future patents, trademarks, and other proprietary technologies developed by P&G that can be used to help drive innovation and growth on the well-established Glad business. The agreement is subject to government approval.
