Delta and Pine Land and Monsanto Announce Agreement with U.S. Department of Justice on Elements of Consent Decree

Monsanto, Delta and Pine Land and the U.S. Department of Justice announced today that agreements had been reached that will allow Monsanto to acquire the Scott, Mississippi, cotton seed company.

The announcement listed a number of points, including that Monsanto would have to sell Stoneville Pedigree Seed Co.

Almost immediately, Bayer CropScience announced that it had agreed to acquire U.S. cotton seed company Stoneville for $310 million.

At nearly the same time, Americot announced that it had agreed to acquire the NexGen Cotton Seed Brand from DPL.

Related items:

• Department of Justice press release.
  
  
• DPL release: Delta and Pine Land and Monsanto Announce Agreement with U.S. Department of Justice on Elements of Consent Decree.
  
  
• Monsanto Release
  

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