Metro-East News

Monsanto confirms takeover bid by Bayer

Tobias Wall
Tobias Wall

German chemical and pharmaceutical behemoth Bayer AG wants to buy Creve Coeur, Mo.-based Monsanto.

Monsanto confirmed Bayer’s unsolicited offer late Wednesday.

Based on Monsanto’s worth in the stock market, a deal between the companies would be worth at least $42 billion and would make it the largest seed and agricultural chemical company in the world.

Monsanto recently attempted a takeover of Swiss agriculture giant Syngenta, but Syngenta repeatedly did not bite, instead selling out to a Chinese chemical firm.

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Dr. Christina Darin’s patients are sure to enjoy a larger, more private chiropractic clinic Darin moved her Granite City practice into.

Darin Chiropractic is now located at 2861 Madison Ave. in Granite City. It was formerly located at 2339 Pontoon Road.

“Our practice had outgrown our small 1,100-square-foot building. Now, with 4,800 square feet, we have the opportunity to help a lot more people with their health and movement issues,” Darin said. She said the space allows “for more services to be offered including active rehabilitation, beginner and advanced yoga, weight loss and we will be adding more soon.”

Darin’s been a chiropractor for eight years and has practiced in Granite City for three.

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Court papers filed May 12 show liquidation sales will begin at Sports Authority stores roughly around Wednesday and last through August.

Sports Authority, which has a location in Fairview Heights as well as a few in St. Louis, declared bankruptcy in March. Most of the chain’s stores will be liquidated, though a few of the chain’s locations were purchased by other sporting goods stores.

The specific fate of the Fairview Heights store, which is located at 6575 N. Illinois St., remains unknown. Local employees are forbidden to speak with reporters and a corporate media relations representative couldn’t be reached Thursday morning.

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Let’s get this out of the way right off the bat: Pro golfer Phil Mickelson didn’t do anything wrong.

But the three-time Masters champion is named in a U.S. Securities and Exchange Commission civil suit that alleges former Dean Foods chairman Thomas Davis passed on a tip to a professional Las Vegas bettor, who later made a bunch of money after Dean’s stock price skyrocketed.

Mickelson made a bunch of money, too: He had invested in Dean stock, though he had no idea there was insider trading going on. He’s named as a relief defendant in the case, signifying he benefited financially from Davis’s tomfoolery.

Tobias Wall: 618-239-2501, @Wall_BND

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