Actionable news
All posts from Actionable news
Actionable news in MON: MONSANTO COMPANY,

Monsanto rebuffs Bayer's sweetened offer

Monsanto Co. on Tuesday rejected Bayer AG's revised $65 billion takeover proposal as "financially inadequate" and "insufficient to ensure deal certainty."

The U.S. seed giant, however, said it remains open to discussing a tie-up with the German life-sciences company "and other parties."

Last week, Bayer boosted its offer for Monsanto in a bid to overcome the company's resistance to the merger and join a parade of consolidation in the agriculture...