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Biotech / Medical : Monsanto Co.
MTC 3.190+15.2%Feb 2 3:59 PM EST

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To: David Luckie who wrote ()1/30/2000 12:44:00 PM
From: AlTrades  Read Replies (2) of 2539
 
IBD says MTC spurned $49/share offer

Friday's Investor's Business Daily reported that SEC filings related to the Monsanto/Pharmacia merger confirmed that Monsanto had turned down a $49/share offer from a European company prior to entering into the Pharmacia agreement. I guess this is progress -- MTC successfully avoided $60 deal (AHP), $49 deal (Novartis??), and is now trading around $35. hmmmm...
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