Tag: previous-offer
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Bayer clinches Monsanto with improved $66 billion bid
NEW YORK/FRANKFURT (Reuters) – German drug and crop chemical maker Bayer clinched a $66 billion takeover of U.S. seeds company Monsanto on Wednesday, ending months of wrangling with a third sweetened offer that marks the largest all-cash deal on record. The $128-a-share deal, up from Bayer's previous offer of $127.50 a share, has emerged as…
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Bayer sweetens Monsanto bid as talks enter final stretch
German pharmaceutical and crops manufacturer Bayer AG said on Monday that its negotiations with Monsanto Co had advanced, and it was now willing to offer more than $65 billion to acquire the world's largest seed company. Bayer's announcement came as the gap in price expectations between the two companies has narrowed significantly, although important terms,…
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Bayer sweetens Monsanto bid as talks enter final stretch
German pharmaceutical and crops manufacturer Bayer AG said on Monday that its negotiations with Monsanto Co had advanced, and it was now willing to offer more than $65 billion to acquire the world's largest seed company. Bayer's announcement came as the gap in price expectations between the two companies has narrowed significantly, although important terms,…