Neonicotinoid Pesticides and Bees: What You Need to Know
Last week, Bayer made a bid to the tune of $62 billion to buy Monsanto. The merge would combine two of the largest producers of pesticides and GMO crop production, essentially creating a powerhouse of treated agricultural production. The attempt to merge comes in the wake of several other agribusinesses merges (namely Syngenta AG , Dow Chemical Co. and DuPont Co.). Monsanto has not yet responded to Bayer’s offer, though Bayer maintains that the $62 billion offer values the Monsanto shares at 37% over their existing value, at $122 per share.