Monsanto Company has signed a definitive agreement to acquire Emergent Genetics Inc. for $300 million.Monsanto Company has signed a definitive agreement to acquire Emergent emergent /emer·gent/ (e-mer´jent) 1. coming out from a cavity or other part. 2. pertaining to an emergency. emergent 1. coming out from a cavity or other part. 2. coming on suddenly. Genetics genetics, scientific study of the mechanism of heredity. While Gregor Mendel first presented his findings on the statistical laws governing the transmission of certain traits from generation to generation in 1856, it was not until the discovery and detailed study of Inc. for $300 million. The addition of the Emergent Genetics brands completes a strategic cotton germplasm and traits platform modeled on the company's leading corn and soybean soybean, soya bean, or soy pea, leguminous plant (Glycine max, G. soja, or Soja max) of the family Leguminosae (pulse family), native to tropical and warm temperate regions of Asia, where it has been strategy, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Hugh Grant, chairman, president and chief executive officer of Monsanto. "We have a strong base business built on seeds and traits, and the addition of Emergent is expected to give us a complementary cotton platform that, with the planned acquisition of Seminis, we believe will allow us to accelerate our growth," says Grant. |
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