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Monsanto to purchase planting technology developer Story Date: 5/25/2012
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Source: AGRI-PULSE, 5/23/12
Monsanto Company announced it reached an agreement to purchase planting technology developer Precision Planting, Inc., a proven leader in improving yields through on-farm planting performance. The St. Louis-based agribusiness agreed to pay $210 million for Precision Planting, plus a performance-based payment of up to $40 million.
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