A German drug and chemicals company offers billions to buy Monsanto

3 years 5 months 3 weeks ago Monday, May 23 2016 May 23, 2016 Monday, May 23, 2016 6:28:00 AM CDT May 23, 2016 in Continuous News
By: The Associated Press

BERLIN (AP) — German drug and chemicals company Bayer AG says it has made a $62 billion offer to buy U.S.-based crops and seeds specialist Monsanto Company.

Bayer said Monday that the all-cash offer values Monsanto shares at $122 each. It said in a statement that the acquisition "would be a compelling opportunity to create a global agriculture leader, while reinforcing Bayer as a life science company with a deepened position in a long-term growth industry."

Bayer had said on Thursday that its executives met recently with their Monsanto counterparts "to privately discuss a negotiated acquisition" of the specialist in genetically modified crop seeds.

Monsanto is headquartered in St. Louis, Missouri.

More News

Grid
List
COLUMBIA - Fifteen University of Missouri students got the chance to pitch their business ideas Monday in hopes of receiving... More >>
7 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 6:39:00 PM CST November 18, 2019 in News
SIOUX FALLS, S.D. (AP) — South Dakota’s new anti-meth campaign featuring people of different ages and races saying “I’m... More >>
8 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 6:26:00 PM CST November 18, 2019 in News
COLUMBIA - The Columbia City Council will approve the Magnolia Falls Park Improvement Project tonight. The park is located... More >>
9 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 5:29:00 PM CST November 18, 2019 in News
SWEET SPRINGS – Imagine not having a doctor of any capacity in your town. Bruce and Melissa Eckhoff, along... More >>
9 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 4:40:00 PM CST November 18, 2019 in News
SPRINGFIELD, Mo. (AP) — Federal authorities have charged 20 people with conspiring to distribute heroin and fentanyl in the... More >>
10 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 4:07:00 PM CST November 18, 2019 in News
COLUMBIA - A second charge has been filed against Joseph Elledge for child abuse. He has been charged with... More >>
10 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 3:43:00 PM CST November 18, 2019 in News
WEBB CITY, Mo. (AP) — Police say two people were found shot to death at a dentist’s office in... More >>
11 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 2:53:00 PM CST November 18, 2019 in News
MARIES COUNTY - The Gasconade County Sheriff's Office added another "Most Wanted Fugitive" to their list Monday. Shay Vinson,... More >>
11 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 2:43:00 PM CST November 18, 2019 in News
JEFFERSON CITY - Governor Mike Parson announced the launch of the state's "Clear the Air" campaign on Monday, bringing attention... More >>
12 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 2:29:00 PM CST November 18, 2019 in News
HALLSVILLE - More than five units of the Boone County Fire Protection District responded to a house fire on Mt.... More >>
12 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 2:26:00 PM CST November 18, 2019 in News
KANSAS CITY (AP) — Hundreds of containers — many carrying hazardous materials — have floated into Missouri since flooding in... More >>
14 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 12:19:03 PM CST November 18, 2019 in News
DUNCAN, Oklahoma (AP) — Two men and a woman were fatally shot Monday outside a Walmart store in southwestern... More >>
14 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 12:08:00 PM CST November 18, 2019 in News
OSAGE BEACH - Police arrested two people Friday after searching a room at the Osage Village Inn and finding drugs... More >>
15 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 10:51:00 AM CST November 18, 2019 in News
ST. MARTINS (AP) — Authorities say one person has been wounded in a road-rage incident in central Missouri. ... More >>
18 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 7:44:00 AM CST November 18, 2019 in News
MOBERLY - Prosecutors charged a man Monday with one count of child abuse after police said he hurt a 10-month-old... More >>
22 hours ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 4:20:00 AM CST November 18, 2019 in News
COLUMBIA - The Columbia City Council on Monday night authorized the method for constructing the Columbia Regional Airport along with... More >>
1 day ago Monday, November 18 2019 Nov 18, 2019 Monday, November 18, 2019 12:48:00 AM CST November 18, 2019 in News
COLUMBIA - After years in the making, Columbia City Council will be one step closer in deciding the final steps... More >>
1 day ago Sunday, November 17 2019 Nov 17, 2019 Sunday, November 17, 2019 7:05:00 PM CST November 17, 2019 in News
JEFFERSON CITY—The Department of Planning and Protective Services in Jefferson City declared the first building with tornado damage as “dangerous”... More >>
1 day ago Sunday, November 17 2019 Nov 17, 2019 Sunday, November 17, 2019 6:03:00 PM CST November 17, 2019 in News
Columbia, MO
Broken Clouds 47°
3am 42°
4am 42°
5am 41°
6am 40°