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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Joseph G. who wrote (8500)10/13/1998 10:40:00 AM
From: MythMan  Read Replies (2) of 86076
 
>>Monsanto, American Home end merger agreement

ST. LOUIS, Oct 13 (Reuters) - Life sciences firm Monsanto Co. (NYSE:MTC - news) said Tuesday its merger agreement with pharmaceutical and consumer products company American Home Products Corp. (NYSE:AHP - news) was terminated by mutual consent.

The pact, which was valued at nearly $34 billion when it was announced on June 1, was not in the best interests of shareholders of both companies, Monsanto said in a statement.<<

This is definitely not bullish.
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