Investors Cheer on Monsanto Flip From Predator to Prey

  • Bayer bid sparks auction shareholders say ends at higher price
  • Offer closer to $140 may win approval, Piper Jaffray estimates

Just six months ago, Monsanto Co., the world’s largest seed company, was still painting itself as a predator, saying it would continue to seek acquisitions in crop chemicals after failing to buy Syngenta AG in August.

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