DJ No Plans for Monsanto to Boost Syngenta Bid -- Market Talk
9:59 EDT - Monsanto (MON) strategy executive Scott Partridge says the biotech-seed titan doesn't plan to boost its roughly $45B offer for pesticides purveyor Syngenta (SYNN.VX), a price he says is "more than generous." He also contended during and NPR interview that both companies' shareholders feel similarly, though SYNN.VX has again rejected MON's overtures. At this point MON would be bidding against itself, with no other suitors having emerged since its approach became public, and antitrust and other constraints are seen facing other potential entrants.