Reuters: Monsanto to Decline Bayer Bid

May 24, 2016 10:01 AM
 
monsanto-grower-collaboration

Monsanto intends to reject Bayer’s $62 billion offer, considering it too low, according to Reuters report published Tuesday morning.

Monsanto “has confidence in its standalone plan and believes shareholders deserve a better offer,” the Reuters story reported, than the $122 per share bid that Bayer revealed publicly Monday.

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Close