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Bayer Sweetens Takeover Bid Again as Monsanto Mulls Options

  • $56 billion offer is third attempt to snare seed giant
  • No assurances parties will enter into pact, Bayer says
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Bayer Offers $56 Billion in Sweetened Monsanto Bid

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Bayer AG sweetened its takeover bid for Monsanto Co. to $56 billion, raising its offer for a second time in its pursuit to become the world’s largest producer of seeds and pesticides.

Monsanto responded to say that it’s evaluating the Bayer offer as well as proposals from other parties and strategic alternatives.