Oakland A’s welcome back one catcher, DFA another

first_imgOAKLAND — The A’s reinstated catcher Josh Phegley from the 10-day injured list Friday and designated catcher Dustin Garneau for assignment.Phegley was placed on the IL July 31, retroactive to July 29, with a left thumb contusion on his catching hand. He was batting .243 with a career-high 10 home runs and a career-high 47 RBI in 82 games.Phegley went 1 for 6 on a two-game rehab assignment with Triple-A Las Vegas on Aug. 11 and 12. He was 2 for 5 Thursday night at Single-A Stockton in a third …last_img

Bayer closes Monsanto acquisition

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Bayer successfully completed the acquisition of Monsanto on June 7. Shares in the U.S. company will no longer be traded on the New York Stock Exchange, with Bayer now the sole owner of Monsanto Company. Monsanto shareholders are being paid $128 per share.J.P. Morgan assisted Bayer with processing the purchase price payment for the largest acquisition in the company’s history. According to the conditional approval from the United States Department of Justice, the integration of Monsanto into Bayer can take place as soon as the divestments to BASF have been completed. This integration process is expected to commence in approximately two months.“Today is a great day: for our customers — farmers around the world whom we will be able to help secure and improve their harvests even better; for our shareholders, because this transaction has the potential to create significant value; and for consumers and broader society, because we will be even better placed to help the world’s farmers grow more healthy and affordable food in a sustainable manner. As a leading innovation engine in agriculture, we offer employees around the world attractive jobs and development opportunities,” said Werner Baumann, Chairman of the Bayer Board of Management. “Our sustainability targets are as important to us as our financial targets. We aim to live up to the heightened responsibility that a leadership position in agriculture entails and to deepen our dialogue with society.”Liam Condon, member of the Bayer Board of Management, will lead the combined Crop Science Division when the integration commences. Until that time, Monsanto will operate independently from Bayer.“Today’s closing represents an important milestone toward the vision of creating a leading agricultural company, supporting growers in their efforts to be more productive and sustainable for the benefit of our planet and consumers,” said Hugh Grant, outgoing Chairman and CEO of Monsanto. “I am proud of the path we have paved as Monsanto and look forward to the combined company helping move modern agriculture forward.”last_img read more