A group of Alberto Culver Co. shareholders said Monday they had reached a settlement modifying terms of the company’s $3.7 billion cash acquisition by Unilever.
According to the plaintiffs, Alberto Culver has agreed to eliminate the “matching rights” provision granted to Unilever, allowing it to match any competing offers received, and to reduce the breakup fee attached to the deal to $100 million from $125 million. Competing bidders would be privy to the same information given to Unilever. The shareholder vote on the deal was pushed back to Dec. 17 from Dec. 13.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)