BioCentury
ARTICLE | Company News

Monsanto, Delta and Pine Land Co. agbio/environmental news

October 18, 2004 7:00 AM UTC

MON said the Circuit Court of the First Judicial District of Bolivar County, Mississippi, granted its request for partial summary judgment by eliminating a basis for DPL's claim for compensatory damages related to lost stock market value following the failure of the companies' planned merger in 1999. In January 2000, DLP sued MON seeking unspecified damages, including lost stock market value of about $1 billion. DLP, which said it does not expect the case to go to trial in 2005, will immediately appeal the decision to the Mississippi Supreme Court. ...