Monsanto And Bayer Merger Talks Advancing
The St. Louis Post-Dispatch reports merger talks between Monsanto Co. and Bayer AG are advancing after a series of meetings in which the companies have addressed issues including the purchase price and a termination fee, Bloomberg News reported last week, citing “people familiar with the matter.”
A merger agreement could be reached in the next two weeks, according to those sources, Bloomberg said.
Bayer CEO Werner Baumann and Monsanto CEO Hugh Grant have held “constructive meetings” in recent weeks, but Bloomberg said its sources caution that negotiations “could still fall apart or be delayed.”
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