Replies to post #10139 on The Rising Influence of Rising Affluence

[DewDiligence]

MON, SMG extend consumer-oriented partnership:

http://finance.yahoo.com/news/monsanto-scotts-miracle-gro-expand-113000440.html

Monsanto Company and The Scotts Miracle-Gro Company, the leading marketer of branded consumer lawn and garden products, today announced the two companies have extended their nearly two-decade long partnership in the lawn and garden consumer market.

…Under the agreement, Scotts will pay Monsanto a one-time upfront payment of $300 million in exchange for a Roundup brand license, extended agency agreement and technology agreement.

SMG also obtained the right of first negotiation for MON’s Roundup business if MON ever decided to sell it.

[DewDiligence]

MON—This must be the first time I’m on the same side with the anti-GMO crowd, who are opposing MON’s proposed merger with SYT:

http://www.bloomberg.com/news/articles/2015-05-21/monsanto-s-syngenta-bid-to-face-basel-protest-by-swiss-activists