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U.S. sues to stop Deere from buying Monsanto's Precision Planting unit

from Globe and Mail

The U.S. Justice Department recently filed a lawsuit aimed at stopping Deere & Co. from buying Monsanto's Precision Planting farm equipment business, saying that the deal could make it more expensive for farmers to use fast, precise planting technology. Deere said in a statement that it would fight the lawsuit and that the Justice Department's antitrust concerns were "misguided." more


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