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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Corporate Buyout

Shareholders of Alberto-Culver say the company's proposed $3.7 billion sale to Unilever, at $37.50 a share - from which Alberto-Culver founder Leonard Lavin and his daughter will rake in $525 million - is too cheap and was done through an unfair process, in Delaware Chancery Court.

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