Monsanto Drops $46.5B Bid For Syngenta

Agriculture giant Monsanto MON +0.00% has dropped a $46.5 billion hostile bid for Swiss competitor Syngenta , choosing to refocus on a five-year plan to double earnings over an unfriendly merger effort that risked backlash from large shareholders.
http://www.blacklistednews.com/Monsanto_Drops_%2446.5B_Bid_For_Syngenta/45951/0/38/38/Y/M.html