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The Monsanto Company (/ m ɒ n ˈ s æ n t oʊ /) was an American agrochemical and agricultural biotechnology corporation founded in 1901 and headquartered in Creve Coeur, Missouri. Monsanto's best-known product is Roundup , a glyphosate -based herbicide , developed in the 1970s.
Established in 1937, in Williamsburg, Iowa by Roland Holden, Holden was the largest independent producer of foundation seed in America before being acquired by Monsanto Company in 1997. [1] [2] Monsanto was subsequently acquired by Bayer in 2018, and Holden is now part of Bayer Crop Science. Today Holden's activities include the research and ...
Monsanto merges with Pharmacia and Upjohn, [1] so the agricultural division became a wholly owned subsidiary of the "new" Pharmacia. 2000: Corporation: Pharmacia spins off its Monsanto subsidiary into a new company, [1] the "new Monsanto" - which then raises $700 million in a new IPO. [32] The "new Monsanto" is legally distinct from the old pre ...
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Monsanto investors may have started to get a little jittery about the company's future. The seed giant is set to report its second-quarter numbers this Wednesday, and Street estimates run high.
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The company was best known for its leading role in the development of hybrid corn and for its "winged ear" logo. DeKalb Genetics Corporation was purchased by the Monsanto Company in 1998 and has been owned since 2017 by Bayer. The DeKalb seed business, the DEKALB brand and the winged ear logo are now owned and managed by Bayer. [1]
Pioneer sold the shares in 1998. Pioneer becomes the number one brand of soybeans in North America. 1992 - Pioneer paid $450,000 to Monsanto for rights to genetically modified soybean seeds that are resistant to RoundUp herbicide. 1993 - Pioneer paid $38 million to Monsanto for rights to Bt corn that is resistant to European corn borers.