Bayer raises bid to purchase Monsanto to over $65 BILLION

‘German pharmaceutical giant Bayer AG seems to know no limits in its quest to acquire the world’s most notorious agricultural company. The drug manufacturer has recently pushed its offer for procuring Monsanto up to a whopping $65 billion.
Bayer has confirmed that the two corporations are currently engaged in “advanced negotiations,” though it seems less like negotiating and more like Monsanto trying to take Bayer for everything they have. The original offer from Bayer averaged out to $122 per share, or $62 billion. Their new $65 billion offer averages out to about $127.50 per share. Bayer would also assume Monsanto’s $9 billion in debt, which pushes their offer up by an additional 2 percent. However, Monsanto is apparently seeking a jaw-dropping $130 per share, at least according to Bloomberg.’
Read more: Bayer raises bid to purchase Monsanto to over $65 BILLION