On July 26, AGCO announced it had agreed to acquire Precision Planting from The Climate Corp., a subsidiary of Monsanto. We polled Farm-Equipment.com visitors on how they thought Case IH would react to the sale.

According to a April 26 report in Law360, the companies’ attorneys were not allowed to get the names of the people that the DOJ expert interviewed as part of the suit to block Deere’s acquisition of Precision Planting from Monsanto.

Two agreements related to Deere’s purchase of Precision Planting will also be terminated, including the digital collaboration agreement between Deere and The Climate Corp., a division of Monsanto. Also ending is an agreement that would have allowed Ag Leader to expand access to and distribution of certain Precision Planting products and technologies.

According to a report in the Capital Press, Deere & Co. claims CNH Industrial initiated the complaint with the U.S. Dept. of Justice that led to the DOJ's blocking of Deere's acquisition of Precision Planting.

The agreement will provide Ag Leader the technologies and licenses necessary to manufacture and sell the Precision Planting SpeedTube and related technology, including vSet, vDrive, and DeltaForce, once the acquisition of Precision Planting is completed.

It’s the biggest takeover so far this year and the biggest obstacle the two companies are confronting is getting the merger past regulators around the globe, according to CNN Money.

Monsanto Co. today announced that its Board of Directors unanimously views the Bayer AG proposal as incomplete and financially inadequate, but is open to continued and constructive conversations to assess whether a transaction in the best interest of Monsanto shareowners can be achieved.