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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.
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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 ...
Solutia and its parent company Monsanto agreed in 2003 to pay $700 million to settle claims by 20,000 Anniston, Alabama residents over PCB contamination. [9] Monsanto documents indicate that the company routinely dumped PCBs in the land and water supply of Anniston and covered up its behavior for more than 40 years. [10]
Bayer's $63 billion purchase of U.S. seeds maker Monsanto made its mark on the German company's fourth quarter earnings on Wednesday, lifting profit and boding well for the peak season of its ...
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.
In 1964 the United States Department of Justice brought antitrust action against Mobay, resulting in Bayer AG reaching an agreement to purchase Monsanto's share of the company in 1967. [ 6 ] : 440–441 In October 1971 Mobay, along with five other Bayer-owned chemical-related subsidiaries in the United States, merged into a single company ...
Monsanto Company makes money selling genetically modified (GM) seeds. Though once a broader-scale chemicals company, Monsanto's seeds and genomics business accounted for over 70% of the company's ...