In order to wrap a $3.7B purchase of Alberto-Culver (ACV), Unilever (UN) must sell off the VO5...

|About: Alberto-Culver Company (ACV-OLD)|By:, SA News Editor

In order to wrap a $3.7B purchase of Alberto-Culver (ACV), Unilever (UN) must sell off the VO5 and Rave hair-care brands, the Justice Department says - otherwise the combined company would have a 90% dominance of low-end shampoos. ACV shareholders approved the buyout in December. (PR)