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Senate bill seeks to block takeovers of US

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DewDiligence Member Level  Wednesday, 03/15/17 06:16:40 PM
Re: DewDiligence post# 829
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Senate bill seeks to block takeovers of US agriculture companies:

http://www.investopedia.com/news/senators-want-more-scrutiny-us-food-takeovers-mon-seb

Even if eventually enacted, this bill may come too late to block the Bayer-MON deal.

p.s. At today’s close, MON is trading at an 11% discount to Bayer’s $128/sh cash offer, which is close to the narrowest discount since Bayer went public with its initial ($122/sh) offer in May 2016.

“The efficient-market hypothesis may be
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