By Drew Harwell

 

Seed and chemical giants Bayer and Monsanto said Wednesday that they will merge to become one of the world’s biggest agriculture giants, a $66 billion mega-deal that could reshape the future of farming and enhance their influence over the planet’s food supply.

Bayer, the German firm better known for pharmaceuticals such as Aleve and Alka-Seltzer, said it will spearhead the largest all-cash buyout in history in hopes of taking over St. Louis-based Monsanto, the world’s largest supplier of genetically modified seeds.

 

Full Article: 

https://www.washingtonpost.com/business/economy/bayer-agrees-to-buy-monsanto-in-66-billion-deal-that-could-reshape-agriculture/2016/09/14/4599de48-7aa6-11e6-ac8e-cf8e0dd91dc7_story.html