Pharma Industry
Industry: Email Alert RSS FeedMonsanto Pays Delta Pine.
Chemical Market Reporter, January, 2000
MONSANTO COMPANY has paid Delta & Pine Land Co. the $81 million termination fee pursuant to the terms of their May 8, 1998 merger agreement. In addition, the restrictions on Delta Pine talking to potential suitors are no longer in effect and Monsanto's option to buy 19.9 percent of Delta Pine's common stock has been canceled.
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