Bayer to take over global seed market leader Monsanto in blockbuster $66b deal

Bayer to take over global seed market leader Monsanto in blockbuster $66b deal

A Monsanto logo is pictured in the company headquarters in Morges, Switzerland, May 25, 2016. REUTERS/Denis Balibouse

Bayer said on Wednesday it won over Monsanto’s management with a $128 per share offer in cash, worth about $66 billion including debt, to take over the global seed market leader.

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