BASF http://news.stlpublicradio.org en Updated: Monsanto shares up, but no plans for buyout from BASF http://news.stlpublicradio.org/post/updated-monsanto-shares-no-plans-buyout-basf <p><strong>Updated 2:05 p.m. April 12, 2011:</strong></p><p><a href="http://www.reuters.com/article/2011/04/12/us-monsanto-basf-idUSTRE73B4WY20110412">Reuters</a> has now updated its story to indicate that a buyout is not in the plans:</p><blockquote><p><span id="articleText"><span class="focusParagraph">Germany&#39;s BASF SE (<span id="symbol_BASFn.DE_0">BASFn.DE</span>) has no plans to buy global biotech seed company Monsanto Co (<span id="symbol_MON.N_1">MON.N</span>), sources with knowledge of the situation said on Tuesday.</span></span></p><p><span id="articleText">Rumors that a buyout was imminent sent shares of Monsanto Co (<span id="symbol_MON.N_2"><a href="http://www.reuters.com/finance/stocks/overview?symbol=MON.N">MON.N</a></span>) up as much as 4 percent while shares of BASF, the world&#39;s largest chemical maker, fell 2.8 percent to 62.59 euros.</span></p></blockquote><p> Tue, 12 Apr 2011 17:37:38 +0000 Kelsey Proud 934 at http://news.stlpublicradio.org Updated: Monsanto shares up, but no plans for buyout from BASF