Bayer raises offer for Monsanto to $125/shr
FRANKFURT, July 14 (Reuters) - Bayer said on Thursday it had raised its offer for Monsanto to $125 per share from $122.
"Bayer has offered a $1.5 billion reverse antitrust break fee, reaffirming its confidence in a successful closing," the company said in a statement.
The revised offer represents a premium of 40 percent over Monsanto's closing share price on May 9, 2016, Bayer said.
(Reporting by Harro ten Wolde; Editing by Elaine Hardcastle)
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