Bayer to Acquire Monsanto in $57 Billion Deal
Bayer AG finalizes an all cash $57 billion takeover of Monsanto Co after a four month bid process. The merger creates a global agricultural and chemical giant with Monsanto shareholders receiving $128 per share plus assumption of $9 billion in debt, aiming to boost yields and address climate and food demand while raising regulatory scrutiny concerns.
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Bayer AG
Monsanto Co
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Jefferies LLC
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Fitch Ratings
Federal plan opens California desert to solar wind projects
The Interior Department released a blueprint to designate 17 000 square miles of California desert for renewable energy while preserving land for conservation and recreation. The plan allows 606 square miles for development with hurdles, 717 square miles with stricter review, and blocks 10 200 square miles for conservation and 5 617 for recreation, drawing praise from environmental groups and criticism from the solar and wind industries. The Ivanpah project and tortoise relocation figures into the broader debate as climate goals push energy expansion amid conservation concerns.
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Los Angeles
California Desert
U.S. Interior Department
California
Owens Valley
Sierra Nevada
Erica Brand
Nature Conservancy
Tom Kimbis
Solar Energy Industries Association
Nancy Rader
California Wind Energy Association
California-Nevada
IRS to close Kentucky processing facility cost 1800 jobs
The IRS plans to consolidate processing facilities and shut a 450,000 square foot complex in Covington, Kentucky, affecting 1,800 local jobs. Some staff will transfer to other city facilities while the city cites no advance notice.
MENTIONED IN THIS ARTICLE
Covington
U.S. Internal Revenue Service
Kentucky
The
Kentucky Enquirer
IRS
National Treasury Employees Union
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