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Monsanto (MON) Stock Climbs, Reportedly Nearing Deal with Bayer

NEW YORK (TheStreet) -- Shares of Monsanto (MON) were rising in pre-market trading on Tuesday as discussions with suitor Bayer (BAYRY) are advancing toward a deal, according to sources cited by Bloomberg.

The companies have made progress on issues such as the purchase price and termination fee, the sources noted.

An agreement could be reached in the next two weeks, but negotiations could also still fall through or be delayed.

In July, Monsanto rebuffed Bayer's raised bid of $125 per share, saying the offer was...