Unilever anounced today that it will pay $37.50/share for Alberto Culver. This represents 19% more than the closing price on Friday September 24th. Unilever's CEO, Paul Polman, is expanding home and personal-care products as part of his plan to double the company's total sales.
Unilever, the maker of Dove soap, is a supplier of consumer goods focusing on consumer nutrition hygiene, and personal care.
