Monsanto, Dupont Agree To $1.5 Billion Licensing Deal

Originally published on March 27, 2013 5:59 am

Genetically-modified seeds — and the technology to produce them — have been at the center of a bitter legal fight between the two companies. Dupont will pay Monsanto more than $1.5 billion in the deal. With that, the companies will drop their patent and antitrust claims against each other.