Published July 14, 2016 12:36pm EDT | Updated July 14, 2016 4:04pm EDT

Bayer Increases All-cash Monsanto Offer To $125 Per Share

Bayer came back with a new offer on Thursday for Monstanto of $125 per share, up from its initial $122 per share offer, with a $1.5 billion reverse antitrust break free to satisfy Monsanto's concerns about regulatory barriers. The new offer is equal to a 40% premium above Monsanto's closing share price in early May. Monsanto shares rose 3.3% on the news.