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Bayer to Drop Monsanto Name After $63 Billion Takeover

Bayer plans to complete its $63 billion acquisition of Monsanto on Thursday after receiving all required approvals from regulatory authorities.  The German pharmaceutical company will also retire the St. Louis-based corporation's 117-year-old name.  "Bayer will remain the company name. Monsanto will no longer be a company name. The acquired products will retain their brand names and become part of the Bayer portfolio," Bayer announced Monday.  Read more...

 

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