Creve Coeur, MO (KTRS) Monsanto will be taken over by German-based Bayer. The Creve-Coeur based company announced on Wednesday it has reached a $66-billion deal with Bayer AG. “Today’s announcement is a testament to everything we’ve achieved and the value that we have created for our stakeholders at Monsanto. We believe that this combination with…
(KTRS) – The Securities and Exchange Commission awarded an eight-figure payout to a former Monstano executive who reported accounting discrepancies concerning the Roundup weed killer. The $22 million award is the second-largest under the SEC’s whistleblower program. Since the SEC launched the program in 2011, they have paid out more than $100 million.
Creve Coeur, MO (KTRS) Monsanto is calling Bayer’s latest bid inadequate. Monsanto’s Board of Directors made that announcement this Tuesday morning after reviewing Bayer’s second proposal. Last week Bayer boosted its offer from $62 billion to $65 billion. Bayer made it’s initial bid back in May to acquire the Creve-Couer based company. Monsanto says however,…
A combination would create a company with a strong presence in the U.S., Europe and Asia
Bayer can now raise its bid, walk away, or try to begin a hostile takeover
BERLIN (AP) – German drug and chemicals company Bayer AG says it has made a $62 billion offer to buy U.S.-based crops and seeds specialist Monsanto Company. Bayer said Monday that the all-cash offer values Monsanto shares at $122 each. It said in a statement that the acquisition “would be a compelling opportunity to create…
St. Louis, MO (KTRS) German based drug company Bayer is making an offer to buy Monsanto. Leverkusen-based Bayer said in a short statement Thursday that its executives had met recently with their Monsanto counterparts “to privately discuss a negotiated acquisition of Monsanto Company.” Bayer, whose farm business produces seeds as well as compounds to kill…
BERLIN (AP) — German drug and chemicals company Bayer AG says it has entered talks with the Monsanto Company about the possible acquisition of the U.S.-based specialist in genetically modified crop seeds. Leverkusen-based Bayer said in a short statement Thursday that its executives had met recently with their Monsanto counterparts “to privately discuss a negotiated…
St. Louis, MO (KTRS) Monsanto says it will eliminate another 1,000 jobs as it expands a cost-cutting plan designed to deal with falling sales of biotech-corn seeds and other financial pressures. The additional layoffs will bring the St. Louis based company’s planned total cuts to 3,600 jobs, or about 16 percent of its workforce. In…