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monsanto merging with bayer
by pravalika nanda on Tue Dec 13, 2016 6:58 pm
http://www.latimes.com/business/la-fi-monsanto-bayer-20161213-story.html
This is an important milestone as we work to combine our two complementary companies and deliver on our shared vision for the future of agriculture,” Monsanto Chairman and Chief Executive Hugh Grant said in a statement.
Bayer, the German medicine and farm-chemical maker, and Monsanto — which sells seeds, herbicides and pesticides, among other agricultural products — have faced concern from some government and agriculture industry leaders who worry that if the companies combine, it would hurt farmers by reducing competition at a time when the agriculture economy has slowed.
This is an important milestone as we work to combine our two complementary companies and deliver on our shared vision for the future of agriculture,” Monsanto Chairman and Chief Executive Hugh Grant said in a statement.
Bayer, the German medicine and farm-chemical maker, and Monsanto — which sells seeds, herbicides and pesticides, among other agricultural products — have faced concern from some government and agriculture industry leaders who worry that if the companies combine, it would hurt farmers by reducing competition at a time when the agriculture economy has slowed.
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