Bayer Raises Bid for Monsanto as Investors Still Skeptical

July 14, 2016 7:42 PM

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Bayer AG has raised the stakes in its attempt to buy Monsanto Co. and create a chemical and agricultural giant.

Two months after its first offer for the seed and farm products manufacturer was rejected, the German company upped its bid to $54.7 billion in cash, a $3-a-share increase to $125 a share. Thursday’s proposal came just hours after news that St. Louis-based Monsanto might entertain a deal with anothe...

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