Bayer (OTCPK:BAYRY -0.1%) is promising Pres.-elect Trump that it will spend billions of dollars in R&D in the U.S. and make a significant commitment to create jobs if it receives necessary regulatory approval of its planned merger with Monsanto (MON +0.6%), Fox Business News reports.
The commitment was made by Bayer CEO Werner Baumann and MON CEO Hugh Grant after days of negotiations with the Trump and his senior transition staff, according to the report; both CEOs met last week with Trump and pitched some of the benefits of the deal, which will need U.S. and European Union regulatory approval to proceed.
Got to open the link for the next bit
Now read: Monsanto's Healthy Business Solidifies Bayer Deal Rationale »
disclosure, I do not own MON and never have and never will, I'm anti GMO. Thought Dew might enjoy this article.
Life is not measured by the number of breaths you take, but by the moments that take your breath away--Wows happen!!!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.