U.S. seed giant Monsanto has declined Bayer AG’s $64 billion acquisition offer and says it is open to further talks with the company as well as other parties. Though the rejection wasn’t all surprising, it puts more pressure on Bayer to sweeten the pot. Monsanto’s board unanimously viewed Bayer’s latest bid as “financially inadequate and … Continue reading “Why Would Monsanto Reject This Much Money?”
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Biotech & Pharma
Bayer To Offer $125 Per Share For Monsanto (MON)
German company Bayer has just upped the ante on its offer for US biotech seeds…
July 14, 2016