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Biotech / Medical : Monsanto Co.
MTC 2.516+2.2%3:59 PM EST
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To: twt who wrote (623)11/30/1998 2:26:00 AM
From: Anthony Wong  Read Replies (1) of 2539
 
From Nov. 29 Bloomberg Equity Preview:

Monsanto Co. (MTC): The agricultural biotechnology company
may sell its NutraSweet artificial-sweetener business as part of
a restructuring, Crain's Chicago Business reported, citing
analysts. The unit is expected to fetch about $800 million,
though a Monsanto spokeswoman said the St. Louis-based company
hasn't decided which businesses to divest. Monsanto plans to sell
off divisions that don't relate directly to its agricultural,
drug or nutrition businesses. Monsanto rose 7/16 to 44 5/8.
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