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Alberto-Culver Company Agrees to Settlement In Shareholder Class Action

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Lawsuit Overview

November 2010 - Alberto-Culver Company has agreed to settle a shareholder lawsuit over the company's proposed $3.7 billion takeover by Unilever NV. The settlement is designed to address concerns that the merger agreement might have dissuaded other prospective acquirers from making better takeover bids. It calls for Alberto Culver to lower the break-up fee it would pay to back out of t...



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