Monsanto Poised to Reject $62 Billion Bayer Takeover Bid

  • Seed company is said to seek higher price, more time for talks
  • Monsanto said to remain open to exploring a deal with Bayer

Monsanto Said to Reject Bayer Offer

Monsanto Co. is poised to reject a $62 billion takeover offer from Germany’s Bayer AG as too low, according to people with knowledge of the matter, potentially derailing a proposed deal to create the world’s biggest supplier of farm chemicals and seeds.

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