Bayer and Monsanto (MON) Said to Move Closer to Deal

August 23, 2016 6:45 AM EDT

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Negotiations between Bayer and Monsanto (NYSE: MON) are advancing and the companies could reach a merger agreement in the next two weeks, according to Bloomberg, citing people familiar with the matter. The CEOs had a series of constructive meetings and progress has been made on price differences and the termination fee.

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