Monsanto receives revised proposal from Bayer AG

There will be no other statement from Monsanto concerning the possible acquisition by Bayer AG.
There will be no other statement from Monsanto concerning the possible acquisition by Bayer AG. | File image
Monsanto’s Board of Directors received a revised, nonbinding proposal from Bayer AG regarding the possible acquisition of Monsanto in mid-July.

The board will now review the proposal with its financial and legal teams. Monsanto is relying on the expertise of Morgan Stanley & Co. and Ducera Partners as financial advisers and Wachtell, Lipton, Rosen & Katz as legal advisers.

There will be no other statement from Monsanto concerning the possible acquisition until a final decision is made.

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