Alberto Culver has announced that Unilever and the US Department of Justice (DOJ) have reached an agreement that will enable Unilever to complete its proposed acquisition of the company.
Alberto Culver Company today announced that it has entered into a definitive agreement in which Unilever will acquire all of the outstanding shares of the beauty care firm for $37.50 per share in cash, valuing the company at approximately $3.7 billion.