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The Scotts Miracle-Gro Company, based in Marysville, has filed a lawsuit against Cincinnati-based Procter & Gamble over the latter's lawn and weed killer product, called Spruce.
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 ]
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]
Shares of the lawn care specialist got a boost after a better-than-expected earnings report. Why Scotts Miracle-Gro Stock Was Gaining This Week Skip to main content
Although Scotts Miracle-Gro shows inventory growth that outpaces revenue growth, the company may also display positive inventory divergence, suggesting that management sees increased demand on the ...
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In 1995, the company merged with Scotts for $200 million in stock, with Hagedorn as the majority investor. The merger created the world's largest maker of lawn and garden products. [1] [5] He retired from Miracle-Gro in 1997. [6] Prior to moving to Sands Point, New York, Hagedorn lived in Flower Hill, New York and Plandome Manor, New York. [7 ...
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