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Alberto-Culver Announces Consent Solicitation
Posted: September 29, 2006
Alberto-Culver Company announced the commencement of a consent solicitation regarding its $120 million of 6.375% Debentures due June 15, 2028 in connection with its previously announced intention to separate its consumer products business from its beauty supplies distribution business. The company is soliciting consents from Debenture holders of record as of September 27, 2006. The Company is offering to pay to each holder who validly delivers a consent prior to the expiration of the solicitation and does not revoke such consent a payment of $1.25 for each $1,000 principal amount of Debentures to which such consent relates. The solicitation expires October 5, 2006, unless extended.