Following months of negotiations and various offers, Germany-based Bayer has finally sealed the deal with Monsanto, purchasing the seed giant for $66 billion. The merger is reported to be the largest all-cash deal on record. The purchase means a lot of things, and none of them good for consumers. For one, it strengthens the monopolization of the world’s food supply. …
Katherine Paul – Billions against Bayer: Here we come!
Bayer and Monsanto finally agreed to say “I do” yesterday (September 14), striking a $66-billion deal that Monsanto CEO Hugh Grant tried to sell as a move to improve “the lives of growers and people around the world.” Wall Street Journal reporter Jacob Bunge painted the news in a different light. Bunge implied that behind the Bayer-Monsanto buyout, a similar …