Monsanto Ends Up Being A Bargain For Bayer

History will say Bayer got a bargain in its $66 billion purchase of Monsanto, writes David Nicklaus, St. Louis Post-Dispatch.

The Creve Coeur agriculture giant is selling for less, in relation to its earning power, than it offered to pay for Swiss rival Syngenta last year. Syngenta, which ended up selling to a state-owned Chinese company instead, has nowhere near the technological prowess or new-product pipeline that Monsanto has.

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Because of its genetics expertise and investments in futuristic digital-farming technology, Monsanto has always considered itself the top-shelf player among the six big worldwide sellers of seeds and crop chemicals. So how did it end up in the bargain bin?

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Read the full story on St. Louis Post-Dispatch.

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