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Scotts Miracle-Gro completed the acquisition of AeroGrow for $20m.

Synopsis

Scotts Miracle-Gro, a provider of gardening and lawncare products, completed the acquisition of AeroGrow, a firm engaged in the manufacturing and distribution of indoor aeroponic gardening systems, for $20m. The merger agreement provides that each share of common stock of the company, will be automatically converted into the right to receive $3 in cash.

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