Two acquisitions advance Bayer CropScience´s U.S. cotton platform
Bayer CropScience announced Friday the completion of two acquisitions that advance the company’s strategy in expanding its cotton seed business. In separate transactions, Bayer CropScience purchased the assets of California Planting Cotton Seed Distributors, Bakersfield, Calif., and the assets of Reliance Genetics LLC, Harlingen, Texas. The combined price for the related transactions amounts to about US$ 20 million.
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Who is Reliance Genetics? What could they have that Bayer would want?