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DewDiligence

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DewDiligence

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Re: DewDiligence post# 10139

Wednesday, 05/20/2015 12:34:26 PM

Wednesday, May 20, 2015 12:34:26 PM

Post# of 29400
MON, SMG extend consumer-oriented partnership:

http://finance.yahoo.com/news/monsanto-scotts-miracle-gro-expand-113000440.html

Monsanto Company and The Scotts Miracle-Gro Company, the leading marketer of branded consumer lawn and garden products, today announced the two companies have extended their nearly two-decade long partnership in the lawn and garden consumer market.

…Under the agreement, Scotts will pay Monsanto a one-time upfront payment of $300 million in exchange for a Roundup brand license, extended agency agreement and technology agreement.

SMG also obtained the right of first negotiation for MON’s Roundup business if MON ever decided to sell it.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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