Source: John Hart, SOUTHEAST FARM PRESS, 1/24/17
Note from editor: This is the corrected version of a story published on Southeast Farm Press website Jan. 24 under the headline “Bayer will divest of Stoneville assets in Monsanto merger,” which was an incorrect headline. Bayer CropScience has been very clear that they are prepared to divest of some assets in order to close the merger deal with Monsanto, a Monsanto official said at the Southern Cotton Growers and Southeastern Cotton Ginners meeting in Charlotte. Referencing a historic deal for Monsanto, Michael J. Frank, senior vice president and chief commercial officer for Monsanto in St. Louis, noted that the DOJ required Monsanto to divest of the Stoneville seed business when it owned the Stoneville brand and bought Delta and Pineland in 2007.
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