Discuss how scotts miracle grow recapitalization turned out


Question: Discuss how Scott's Miracle Grow recapitalization turned out in the down economy of '08-09. Specifically: The executives for Scott's, in the author's estimate, doubled their debt, to buy back 17 million shares of common stock, in order to ratchet up the EPS, which is a key determinant of bonuses. Since this is a closed book exam, tell me what you remember in general terms.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Discuss how scotts miracle grow recapitalization turned out
Reference No:- TGS02762321

Expected delivery within 24 Hours