Bayer offers $65bn to win control of Monsanto

[nitpicker]

http://www.bbc.com/news/business-37281453

Bayer offers $65bn to win control of Monsanto


6 hours ago

From the section Business

Germany's Bayer has raised its offer for Monsanto to $65bn (£49bn), or $127.50 a share, in a bid to create a global seeds and pesticides giant. Bayer said it was in advanced talks with Monsanto, but warned there was no guarantee a deal would result.

Its initial offer of $122 a share in May was rejected by the US firm for being "financially inadequate". The record all-cash offer valued Monsanto at $62bn (£43bn at the time). Bayer raised its offer to $125 a share in July but was again rebuffed.

Combining Bayer and Monsanto would create the world's biggest agricultural supplier and be a market leader in the US, Europe and Asia.
(snip)

However, a Bayer takeover of Monsanto could raise US competition concerns because of the sheer size of the combined company and the control it would have over the global seeds and sprays markets.
(snip)

[JonathanRackham]

1. What an unholy alliance.

[Wies Acres]

2. I have a better idea.

How about we get every Democrat in the country (and the few Rebubs who can see past the ends of their wallets) to throw in $1000 and we buy Monsatan..then we scuttle it and sell of the assets (like a good corporate raider would do..Hiya Mittens!) and then sit back and gleefully rub our hands together having maybe done the single most important thing ever done in the history of man.

and then we all band together and defeat the Corporate takeover of the world...otherwise known as The TPP.

Oh! How glorious would that be??


Ok! Who's with me??

[A HERETIC I AM]

3. At 20 minutes to 4 in the morning......

apparently.......nobody.


Sorry.