By The Associated Press, September 14, 2016
The deal would be financed with a combination of cash and debt
German drug and farm chemical maker Bayer AG says it has agreed to acquire seed and weed-killer company Monsanto in an all-cash deal valued at $66 billion.
Bayer says it is paying Monsanto shareholders $128 per share, which represents a 44 per cent premium over Monsanto’s closing price on May 9, the day before a proposed deal was announced.
