A MON-SYT merger would’ve faced a plethora of antitrust issues.
SYT closed +7% today (a very large move for this stock), despite the MON deal being called off. Investors evidently expect MON to re-emerge or another suitor—such as DD, DOW, BASF, or Bayer—to show up.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”