Taken from Monsanto, Bayer and Two Wars by Nadya Williams:
Recent incendiary exposés of Monsanto products—scientifically proven in court to cause cancers in workers and homeowners who have used them —have caused stocks to plunge, and new owner, German pharmaceutical corporation Bayer, to no longer want to use the brand name. As of June, 2020 Bayer, has agreed to pay nearly $11 Billion to settle 100,000 pending lawsuits filed against Monsanto for illnesses allegedly caused by the weed killer RoundUp. As with Monsanto, Bayer has admitted to no wrong-doing, and their products will continue to have no warning labels. However, three suits in California alone, which ruled in favor of the plaintiffs, resulted in multi-million-dollar settlements in 2018 and 2019, which Bayer has challenged and will continue to challenge.
All this is quite a corporate burden for Bayer to acquire, along with the $62.5 billion price tag paid in June of 2018 to merge the two chemical giants.... Read More