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Monsanto says no to $64-billion question

Monsanto says Bayer's latest bid financially inadequate, but open to talks

(Reuters) — U.S. seed company Monsanto Co turned down a sweetened $64 billion acquisition offer from Bayer AG, but said it was open to further talks with the German healthcare and chemicals group as well as other parties. The widely expected rejection puts pressure on Bayer to sweeten its offer once again, at least enough […] Read more