Replies to post #118054 on Biotech Values

[DewDiligence]

MON is up on a down day due to rumor of buyout interest from BASF, an ag-biotech player and a MON partner. I don’t find the rumor especially credible, but the following excerpt from Reuters is curious:

http://finance.yahoo.com/news/Monsanto-shares-rise-on-BASF-rb-3810289155.html?x=0&.v=1

A banking source familiar with the matter told Reuters that BASF has no current plans to buy Monsanto, though if it were interested, it would need to pay at least 70 billion euros ($101.2 billion).

This is an odd kind of denial.

[DewDiligence]

Ag-biotech quiz: Why are regulator-mandated corn refuges for below-ground insects more onerous for growers than regulator-mandated corn refuges for above-ground insects?

p.s. This question is relevant to the competitive relationship between MON and DD; MON has an approved refuge-in-a-bag product for both kinds of insects, while DD has one only for below-ground insects (#msg-61943132, #msg-49509446).