Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
The U.S. Department of Justice on Tuesday granted antitrust approval to Bayer AG's planned acquisition of Monsanto Co., reports the Wall Street Journal , after requiring the German company to sell off nearly $9 billion in assets as a means of preserving competition. The Bayer assets are being sold to chemicals rival BASF SE.
In this August 1971 file photo, U.S. troops addicted to heroin sit together at an Army amnesty center in Long Binh, Vietnam. In the 1960s and 1970s, heroin use surged, prompted in part by Vietnam War soldiers who were exposed to it while fighting overseas.
Top officials for Monsanto and Bayer defended their proposed $66 billion merger before skeptical senators on Tuesday, insisting that the deal would lead to greater investments in technology that could help American farmers. Monsanto, the American seed and weed-killer, and Bayer, the German medicine and farm-chemical maker, responded to concerns from Iowa Sen. Charles Grassley, the Republican chairman of the Senate Judiciary Committee.