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"Monsanto Accepts $66 Billion Bayer Takeover"

"Monsanto has accepted a takeover offer from Germany's Bayer at $128 a share, the BBC has learned.

The move would be the biggest all-cash deal ever and will form the world's biggest seeds and pesticides company worth $66bn (£50bn).

As well as farm-products, Bayer also sells healthcare products including Alka-Seltzer.

Monsanto is known for its genetically modified seeds for crops including corn, soybeans, cotton and wheat."

BBC News had the story September 14, 2016.

SEE ALSO:

"Bayer Wins Over Monsanto With Improved $66 Billion Bid: Source" (Reuters)

Source: BBC News, 09/14/2016