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Monsanto To Acquire The Climate Corporation

Monsanto Company (NYSE: MON) today announced it has signed a definitive agreement to acquire The Climate Corporation for a cash purchase price of approximately $930 million. The acquisition will combine The Climate Corporations expertise in agriculture analytics and risk-management with Monsanto's R&D capabilities, and will provide farmers access to more information about the many factors that affect the success of their crops. The companies combined capabilities will support greater productivity while utilizing the planet's finite resources more precisely.
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