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Unilever Lathers Up A Billion-Dollar Deal To Acquire Dollar Shave Club

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The Unilever headquarters in Rotterdam, Netherlands. (Ed Oudenaarden /AFP/Getty Images)
The Unilever headquarters in Rotterdam, Netherlands. (Ed Oudenaarden /AFP/Getty Images)

It’s being called one of the biggest e-commerce deals in recent years. Unilever reportedly will pay $1 billion for the California-based Dollar Shave Club, a men’s grooming startup selling online subscriptions to razors and other related products.

Here & Now's Meghna Charkrabarti talks with Maggie Lake, host of "CNNMoney with Maggie Lake," to find out more about the deal, and what it might mean for consumers.

Guest

Maggie Lake, host of "CNNMoney with Maggie Lake." She tweets @MaggieLake.

This segment aired on July 20, 2016.

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