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Slide #38. Monsanto — The Climate Corporation
The Climate Corporation
Monsanto Company (NYSE:MON) today announced it has signed a definitive agreement to acquire The Climate Corporation for a cash purchase price of approximately $930 million. The acquisition will combine The Climate Corporation's expertise in agriculture analytics and risk-management with Monsanto's R&D capabilities, and will provide farmers access to more information about the many factors that affect the success of their crops. The companies' combined capabilities will support greater productivity while utilizing the planet's finite resources more precisely.
Monument Circle Acquisition is a newly incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
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Hold (2.33 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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