Regulation

People Aren't Thinking Straight About Bayer and Monsanto

Takeovers tend to destroy value. That matters more than a corporate popularity contest.

Popularity contest.

Photographer: Steve Schapiro/Corbis via Getty Images

Bayer’s proposed purchase of Monsanto, the biggest deal of the year so far, has led to a heated public debate over economic concentration. Unfortunately, both sides are failing to identify the key issues behind the potential transaction.

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