Baier a german corporate heavyweight under pressure and 21000. 00 its blockbuster merger with u. S. Rival monsanto has seemingly backfired its facing one of the deepest crises in its 155 year history. Of bowmans own fortunes christabel mon and his colleagues on the board miscalculated the risks they should have said no the deal is off to do research on. At the center of the controversy the week killer roundup and its active ingredient life did monsanto conceal the health risks as lawsuits maintained monsanto effectively made a business out of poisoning people and getting away with it. Although u. S. Courts have already ruled against bayer ordering it to pay more than 2000000000. 00 in damages it insists life is it is safe roundup does not cause cancer. Beyers annual Shareholders Meeting in april 2900. 00 a day of reckoning for c. E. O. And Supervisory Board chairman v. On a vent they are stock price has fallen nearly 50 percent since its acquisition of seed and chemical giant monsanto
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