Monsanto (MON) Drops Syngenta (SYT) Bid

Syngenta AG (SYT) is under heavy pressure this morning, down nearly 17% in early trading after biotech seed giant Monsanto Company (MON) withdrew its roughly $47 billion hostile bid for Syngenta after a sweetened offer didn’t meet expectations. U.S.-listed Monsanto confirmed Wednesday that it had raised its offer last week to 470 francs per share, […] View the full post at: Monsanto (MON) Drops Syngenta (SYT) Bid Related posts: Wells Fargo 1Q Profit Drops 16% Wall Street Posts Marginal Gains As Oil Drops Microsoft Drops Seinfeld from Vista Commercial