Monsanto's Takeover of D&PL: The Nail's in the Coffin
Submitted by Charlie on
Last week the US Justice Department (DOJ) gave the green light for Monsanto's $1.5 billion takeover of the world's largest cotton seed company, Delta & Pine Land (D&PL) -- the company that has long vowed to commercialize Terminator seeds (more on that below). The so-called "anti-trust" regulators approved the deal with a number of conditions. For instance, Monsanto must sell Stoneville, one of its largest cotton seed holdings, to multinational Bayer. The company must also agree to license its biotech traits to major competitors like Syngenta and Dupont.