3 ms·
A very solid and respected company paid a gigantic amount for an ailing, future-less (Monsanto had closed most of its research), and clearly ethically strugglin
by pergadad 7y ago
A very solid and respected company paid a gigantic amount for an ailing, future-less (Monsanto had closed most of its research), and clearly ethically struggling company with thousands of lawsuits against it. Worst corporate decision I've ever seen. I can't explain it other than that the CEO, Board, etc of Bayer have been bribed. There is no way they could have been that incompetent. The pending bankruptcy will be a gigantic loss for German industry and the big winners are the usual venture capitalists that drained Monsanto the years before, and got this huge payout.