Deere Deal for Monsanto’s Precision Planting Opposed by U.S.By
Justice Department sues to block deal as anticompetitive
Precision sale comes amid consolidation wave in farming sector
Deere & Co. was sued by U.S. antitrust officials seeking to block its purchase of Monsanto Co.’s Precision Planting LLC equipment business, a deal the government says would eliminate competition and raise costs for farmers.
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