Precision Planting deal terminated
Story Date: 5/3/2017

 

Source: FARM FUTURES, 5/1/17

The acquisition of the Precision Planting LLC equipment business has been terminated, The Climate Corporation announced today. In November 2015, The Climate Corporation, a subsidiary of Monsanto, announced an agreement with Deere & Co. to acquire Precision Planting LLC. Closing had been delayed by Department of Justice concerns with the transaction.

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