Why Delaware's New Corporate Structure Appeals to Method's Co-Founder

Lowry, Method's co-founder Photograph by Chris Andre/Method via Bloomberg

Plenty of potential suitors knocked on Adam Lowry’s door in the decade after he co-founded green cleaning products company Method in 2001. The company made a deal last year to be acquired by Ecover, a Belgian manufacturer of similarly eco-friendly soaps and detergents. Method’s founders, who say it had about $100 million in annual revenue before the sale, wanted a buyer whose environmental values aligned with their own.

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