Investing.com – Monsanto (NYSE:MON) rose Wednesday on reports Bayer (DE:BAYGN) raises bid.
Monsanto shares were up 1.7% at 05:30 ET in active pre-market trade.
Bayer reportedly has further raised cash offer to $129 a share from $127.5.
Bid prices Monsanto at around $66 bn including debt.
Offer also includes $3 bn compensation if anti-trust bodies block deal.
Deal may be announced later Wednesday.