Justice Department Challenges Deere’s Planned Deal With Monsanto

August 31, 2016 4:35 PM

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Justice Department Challenges Deere’s Planned Deal With Monsanto

Purchase of planting equipment line would harm competition, lawsuit says

The Justice Department on Wednesday filed a lawsuit challenging Deere DE -1.11 % & Co.’s planned acquisition of a line of high-tech farming equipment from Monsanto Co. MON -1.33 % , saying the deal would suppress competition for technology that allows farmers to plant crops at higher speeds.

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