5 ms·
The purchase of Monsanto by Beyer has to be dumbest corporate acquisition ever. After all these years it is now that the lawsuits are coming in as the science a
by sschueller 8y ago
The purchase of Monsanto by Beyer has to be dumbest corporate acquisition ever. After all these years it is now that the lawsuits are coming in as the science and leaks start pilling up providing the fodder.
Even dumber is that Beyer is retiring the brand Monsanto which will result in Beyer itself being named in the lawsuits and media.
They probably thought they could shake it off like Dow chemical when they aquired Union Carbide and claimed they are no longer responsible for the Bhopal disaster.
There was no social media in 1994, there is now.
- lumberjack 8y agoMonsanto teamed up with Bayer to gain influence within the EU. Monsanto was having trouble bribing EU officials. Bayer already have them in their pockets. Might not be good for PR, but Monsanto was terrified because the EU almost banned Glyphosate last year. Bayer itself does not have a good PR image either.
- slededit 8y agoBayer is responsible for thousands of horrendous birth defects with thalidomide in the 50s and 60s. They did nothing when they learned of the problem.
- notfromhere 8y agoThey're going to make a killing by bundling products to farmers, or they'll do what DuPont did and spin out part of Monsanto into a standalone company designed to burden that spinoff with as much debt and liability as possible. See Chemours