Monday, September 19, 2016

Bayer and Monsanto Merge in 66 billion dollar deal

http://www.marketwatch.com/bayer-monsanto-tie-up-not-good-for-anyone....
http://www.denverpost.com/2016/09/18/bayer-monsanto-merger/

Bayer announced that it merged with controversial biotech company Monsanto for 66 billion dollars. Some people are concerned with this deal saying it might raise the cost of grocery items like soy milk but the companies say it is a boon for the agricultural sector and in the second article it mentions the reasons for this merge is for research to improving how crops can handle the natural weather conditions caused by the sun and other factors(2nd article holds on the CO2 lie in fact studies show that thanks to CO2 increases plant growth has risen (more info can be found http://www.plantsneedco2.org). As for my take on this I can see how considaltion might be a problem but the best solution might to give more money towards agricultural research but only time will tell to see how this plays out and I am also aware of both their controversial pasts (tainted blood scandals, chemical weapons etc..) as well but I will reserve judgment for now