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16.08.2006 | permalink
Monsanto to buy world largest cotton seed company
GM-multinational Monsanto announced a second try to take over the largest cotton seed producer Delta and Pine Land for 1,5 billion US $. The takeover would give control over the US cotton seed market and make Monsanto the world largest cotton seed producer. A similar attempt had failed in 1998 when it was stopped by US anti-trust regulators. Monsanto would also aquire a highly controversial patent on the production of so called "Terminator seeds".</p><p><a href="http://www.nytimes.com/2006/08/16/business/16seed.html?_r=1&oref=slogin">New York Times: Monsanto Buys Delta and Pine Land, Top Supplier of Cotton Seeds in U.S. - New York Times</a></p><p><a href="http://www.stltoday.com/stltoday/business/stories.nsf/0/07B8D899C913545D862571CC000B7825?OpenDocument">St.Louis Post: Monsanto, Delta & Pine will try again</a>