Bayer ‘Confident’ It Can Still Strike Deal with Monsanto, Merger Could Spell Disaster for Farmers and Global Food Supply
Two days after Monsanto rejected Bayer AG’s takeover attempt because $62 billion wasn’t enough money, the German drug and crop chemical giant says it’s confident it can still strike a deal. The historic, all-cash deal would have formed the largest seed and pesticide company in the world, but Monsanto’s board unanimously spurned Bayer’s unsolicited bid for being incomplete and financially […]
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