CNBC's Faber: Opposition grows against Monsanto pursuit of Syngenta
Story Date: 8/26/2015

 

Source: Carl Surran, SEEKING ALPHA, 8/25/15


Monsanto (MON -2.8%) and Syngenta (SYT -3.1%) are sharply lower after CNBC's David Faber reported earlier about growing opposition among MON shareholders to its continued approach for SYT. Reports yesterday indicated that MON had increased its offer for SYT to 470 Swiss francs, up from 449 earlier, and upped its break-up fee by $1B to $3B.

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