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In 1995, the company merged with Scotts for $200 million in stock, creating the world's largest maker of lawn and garden products, and making Hagedorn the majority investor with 42% of the company and 3 of 11 board seats. [1] [5] Hagedorn's son Jim became CEO and chairman of the merged company. [6] His father retired from Miracle-Gro in 1997. [7]
The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. [2] The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. [ 3 ]
Scotts LawnService was founded in 1998, with the acquisition of Emerald Green Lawn Care. It was a division of the Scotts Miracle-Gro Company, and provided lawn, tree, and shrub care and pest control. In April 2016 TruGreen announced that it had merged with Scotts LawnService.
There's no foolproof way to know the future for Scotts Miracle-Gro (NYS: SMG) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your ...
The Miracle Gro Farm can be. As we told you earlier this week, a new sponsored farm has started rolling out to FarmVille players this weekend, as Zynga has partnered with Miracle Gro to advertise ...
In the quest to find great investments, most investors focus on earnings to gauge a company's financial strength. This is a good start, but earnings can be misleading and incomplete. To get a ...
Miracle-Gro, a water-soluble fertilizer, was developed after Hagedorn met nurseryman Otto Stern and learned of Stern's troubles shipping plants in 1944. [1] [2] [3] The pair hired O. Wesley Davidson, a Rutgers University professor to develop the fertilizer. [1] Hagedorn used royalties from producing a crime-drama "The Big Story" to fund the ...
Plant domestication is seen as the birth of agriculture. However, it is arguably proceeded by a very long history of gardening wild plants. While the 12,000 year-old date is the commonly accepted timeline describing plant domestication, there is now evidence from the Ohalo II hunter-gatherer site showing earlier signs of disturbing the soil and cultivation of pre-domesticated crop species. [8]