Monsanto reported to rebuff new Bayer offer
Story Date: 6/13/2016

 

Source: Lydia Mulvany, FARM PROGRESS, 6/10/16



Monsanto Co. rejected a new acquisition proposal from Bayer AG, which was offering the same price it did in May, according to Dow Jones.Monsanto is seeking a higher offer, Dow Jones said, citing people familiar. Bayer had initially offered to pay $122 a share on May 10 in a deal that valued Monsanto, the world’s largest seed supplier, and its debt at $62 billion. T

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