December 9, 2019

The Botched Bet to Buy Monsanto

by The Journal.

Just 10 days after he became the CEO of Bayer, Werner Baumann made the move to buy Monsanto. He was betting that the acquisition would make the company into an agricultural powerhouse. Instead, it opened Bayer up to tens of thousands of lawsuits and became one of the worst corporate deals in recent memory. WSJ's Ruth Bender explains.

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