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Biotech / Medical : Monsanto Co.

MTC 3.490

+0.9%

Feb 4 3:58 PM EST

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To: Ted The Technician who wrote (2500)	12/14/1999 2:29:00 PM
From: JGoren	Read Replies (2) of 2539

Monsanto Board Made No Final Decisions on Split, Paper Says Chicago, Dec. 13 (Bloomberg) -- Monsanto Co.'s board of directors failed to reach a final decision on the future of the company in a meeting Friday, the Financial Times reported without citing sources. Though analysts have said the St. Louis-based agricultural and pharmaceutical company should split into two parts, Monsanto executives may still hope to find a buyer for the whole business, the newspaper said. The company may also keep its current structure, the paper said. Monsanto's Celebrex arthritis drug became one of the fastest- selling drugs in history, garnering revenue of more than $1 billion in its first nine months. Dec/13/1999 4:40

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