We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Monsanto Deal Still Plagued By Antitrust Issues

Law360 (January 10, 2007, 12:00 AM EST) -- Still plagued by antitrust issues, agricultural giant Monsanto Co. has said it could be months before its $1.5 billion proposed acquisition of cottonseed business Delta & Pine Land Co. is completed.

On Tuesday, Monsanto revealed in a filing with the U.S. Securities and Exchange Commission that the agreement is waiting for regulatory clearance, potentially jeopardizing the parties’ ability to meet a Feb. 14, 2007 closure deadline.

Though Delta and Pine Land approved the merger on Dec. 21, Monsanto remains unsure whether the Missouri company has fully...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.