Bayer isn't letting Monsanto off the hook with a $55 billion takeover offer (mon)

Thomson Reuters Bayer is not letting Monsanto off the hook. The German company on Thursday said it had boosted its all-cash offer for Monsanto, the maker of Roundup, to $125 per share from $122. That's about $55 billion in cash, meaning that a deal — if agreed — would be the biggest of the year so far. Monsanto shares rose about 2.5%, to $103.65, as of 12:35 p.m. ET Thursday — still well below Bayer's new offer. Monsanto in May rejected Bayer's first offer, saying "the current proposal si...