anti trust

Biotech Giants Bayer and Monsanto Sign Mammoth Merger Agreement

The agritech world got a lot bigger this week when German chemical giant Bayer inked an agreement to acquire Monsanto for $66 billion in cash. The 2 companies had been bickering for months, and this was the 3rd refurbished offer. In the end, Bayer agreed to pay $128 per share, up from the company’s previous offer of $127.50. [1]
The agreement makes it the largest all-cash deal on record.
Markus Manns of Union Investment, one of Bayer’s top 12 investors, said:

Dow Chemical to Pay $835 Million Due to Lost Connection in Supreme Court

Associate Justice of the Supreme Court Antonin Scalia has recently passed away, an event that may actually make it a little harder for guilty corporations to get away with slimy tactics.
Now that the defender of Big Corporations who steal and lie their way through court is gone, what will companies like Dow Chemical do? Notorious for his defense of companies like Dow, Antonin Scalia’s death leaves a legacy of corporate chicanery in question.