Re: More consolidation in the seed industry

**"MARGARET LAUTERBACH" m*@msn.com**

Read the next paragraph. Margaret Lauterbach

----- Original Message ----- 
From: "Maryann Whitman" <maryannwhitman@comcast.net>
To: "'Garden Writers -- GWL -- The Garden Writers Forum'" 
<gardenwriters@lists.ibiblio.org>
Sent: Saturday, February 19, 2005 9:50 AM
Subject: RE: [GWL] More consolidation in the seed industry

> "This is our second major strategic acquisition recently and now we 
> believe
> we have the elements we need to achieve our goals," said Hugh Grant,
>
> What was Monsanto's first major strategic acquisition?
>
>
> Maryann Whitman
>
>
>
> -----Original Message-----
> From: gardenwriters-bounces@lists.ibiblio.org
> [g*@lists.ibiblio.org] On Behalf Of
> GardenLit@aol.com
> Sent: Saturday, February 19, 2005 10:57 AM
> To: gardenwriters@lists.ibiblio.org
> Subject: [GWL] More consolidation in the seed industry
>
> Monsanto to Acquire Emergent Genetics
> By JIM SUHR
> Feb 17 2005
> http://www.durantdemocrat.com/articles/2005/02/17/ap/business/d88aata00.txt
>
> ST. LOUIS - Continuing its recent buying spree, agribusiness Monsanto Co.
> said Thursday it plans to buy Emergent Genetics Inc. _ the nation's
> third-largest
> cotton seed company _ for $300 million.
>
> The announcement comes less than a month after St. Louis-based Monsanto
> agreed to a $1 billion cash deal to buy Seminis Inc., the Oxnard,
> Calif.-based
> supplier of more than 3,500 seed varieties to commercial fruit and 
> vegetable
>
> growers, dealers, distributors and wholesalers in more than 150 countries.
>
> "This is our second major strategic acquisition recently and now we 
> believe
> we have the elements we need to achieve our goals," said Hugh Grant,
> Monsanto's
> chairman, president and chief executive......
>
> Sally
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