Bayer shares jump on report of U.S. antitrust deal on Monsanto

Sanders · 04-10-2018, 08:13 AM

Nothing good can come of this. Two evil companies merging into one. What could possibly go wrong?

Quote:

Bayer (BAYGn.DE) shares jumped nearly 5 percent on Tuesday following a media report that the U.S. Justice Department will allow the German drugs and pesticides group to acquire Monsanto (MON.N) in a $62.5 billion deal.

Quote:

The takeover, one of a trio of major deals in the agribusiness sector in recent years, would create a company with a share of more than a quarter of the world’s seed and pesticides market. A souring global farm economy has spurred consolidation among the major players, triggering protests from environmental and farming groups worried about their market power.

The deal reduces competition for sales of seeds and chemicals to farmers struggling with low crop prices, raising the risk for price gouging, said Wenonah Hauter, executive director for Food & Water Watch, an advocacy group.

https://www.reuters.com/article/us-m...-idUSKBN1HG2ST

Pogo · 04-10-2018, 08:50 AM

Banks done that. Big banks bought out small banks and raised their fees. Amazon has done that and still is. Soon there will be only a handful of companies that have control of all of the commodities in the world and have a stranglehold on the people. They will be able to charge whatever they want - pay or do without.

Railbuggy · 04-10-2018, 10:08 AM

Lanxess Plastics, Addyston -- Ohio Citizen Action
www.ohiocitizen.org/campaigns/bayer/bayer.html

The company that was Monsanto, then Bayer, then Lanxess – and now Lustran Polymers – is about to change one more time. ... ADDYSTON -- "Ohio Citizen Action, ..
MONSANTO was caught dumping toxic waste into the Ohio River in the late 80s. They paid a fine and the Plant had a name change. Still making the same shit 30 years later.

Bluntforce · 04-10-2018, 02:10 PM

Roundup in the aspirin.

BBill · 04-12-2018, 08:49 AM

Didn't Bayer test out drugs on Jews during WWII???

Sanders · 04-12-2018, 08:56 AM

Quote:

Originally Posted by BBill

Didn't Bayer test out drugs on Jews during WWII???

Yep. And Monsanto gave us Agent Orange, among other things.

MrKalashnikov · 04-12-2018, 09:45 AM

"Bayer: We're the folks who gave you Aspirin and Heroin."

04-10-2018, 08:50 AM	#2
Pogo Mystic Knight of the Sea Join Date: Mar 2006 Location: The Great Swamp Posts: 81,969	Banks done that. Big banks bought out small banks and raised their fees. Amazon has done that and still is. Soon there will be only a handful of companies that have control of all of the commodities in the world and have a stranglehold on the people. They will be able to charge whatever they want - pay or do without. __________________ .................................................. ....................................… *We have met the enemy, and he is us!*

04-10-2018, 10:08 AM	#3
Railbuggy Senior Member Join Date: Dec 2009 Location: Taylor Creek,Ohio Posts: 7,279	Lanxess Plastics, Addyston -- Ohio Citizen Action www.ohiocitizen.org/campaigns/bayer/bayer.html The company that was Monsanto, then Bayer, then Lanxess – and now Lustran Polymers – is about to change one more time. ... ADDYSTON -- "Ohio Citizen Action, .. MONSANTO was caught dumping toxic waste into the Ohio River in the late 80s. They paid a fine and the Plant had a name change. Still making the same shit 30 years later. __________________ Im not a wannabe,Im a has-been. We already lost the war. You are the resistance.

04-10-2018, 02:10 PM	#4
Bluntforce slug Join Date: Dec 2007 Location: Allturd State Posts: 21,869	Roundup in the aspirin. __________________

04-12-2018, 08:49 AM	#5
BBill Senior Member Join Date: Sep 2012 Location: Indy Posts: 8,058	Didn't Bayer test out drugs on Jews during WWII???

04-12-2018, 09:45 AM	#7
MrKalashnikov Deplorable Join Date: May 2008 Location: Behind The Iron Curtain Posts: 8,059	"Bayer: We're the folks who gave you Aspirin and Heroin."