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Monsanto Rejects Bayer Takeover Bid, Leaves Room for Future Talks

HeadlineMay 25, 2016

Agribusiness giant Monsanto has rejected a $62 billion takeover bid from the German pharmaceutical firm Bayer, but said it remains open to future negotiations. A merger between the firms would create the largest supplier of seeds and agricultural chemicals in the world. The news comes after protesters took to the streets in more than 400 cities on six continents Saturday to protest Monsanto.

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