The corporations, they become fewer yet bigger:
Monsanto, the American maker of fertilizers and agriculture products, agreed on Wednesday to a takeover by Bayer, the German chemical conglomerate, for $56 billion after months of negotiations.
Bayer will acquire Monsanto for $128 per share in cash, according to a statement released by the companies. That price represents a 44 percent premium to Monsanto’s stock on May 9, the day before Bayer’s interest in a deal first surfaced. Including the assumption of debt, the transaction is valued at $66 billion.
The deal is among the largest German corporate takeovers of an American company[.]
I'm not so much worried about a German takeover...well, yes, I am, as history shows that bad things tend to happen when Germans take things over...but I digress...but, really, can we put a stop to megacorps mating with megacorps and producing gigacorps? And it's not good for free markets, either.