In 2016, German pharmaceutical company and pesticide maker Bayer announced it would purchase Monsanto for about $60 billion in cash. The merger is coming closer to being fully realized now, and NPR reports on the beginnings of Bayer’s campaign to refresh the well-deserved bad name of Monsanto.
Now, as the merger approaches, Bayer has confirmed what many suspected: In the merger, the politically charged name "Monsanto" will be disappearing.
The combined company will be known simply as Bayer, while product names will remain the same.
NBC gives us the Bayer company statement.
"Monsanto will no longer be a company name," Bayer said in a statement Monday. "The acquired products will retain their brand names and become part of the Bayer portfolio."
A rose by any other name would smell as sweet! Or, you know “a poison by any other name would be poison.”