Sources say no plans for Monsanto buyout - KMOV.com

Sources say no plans for Monsanto buyout

Posted: Updated:
By Afton Spriggs By Afton Spriggs

(KMOV)— Reuters is reporting that the world’s largest chemical maker, BASF, has no plans to buy Monsanto Co., a global biotech seed company. 

Sources say Monsanto shares went up as much as 4 percent, while BASF shares fell 2.8 percent as rumors circulated that a buyout was imminent.
 
To read the full story from Reuters, click here.
 
To read the St. Louis Post-Dispatch story, click here.

Powered by Frankly