Investing.com – Monsanto (NYSE:MON) shares were higher as Bayer (DE:BAYGN) raised its cash offer.
Monsanto shares were up 4.2% at $112 in light pre-market trade at 04:05 ET
Bayer raised its bid to $127.5 a share from $125; valuing U.S. firm at $65 bn.
Monsanto said Monday it remains in “constructive” talks with Bayer; studying other proposals.