Monsanto is one of the world’s most hated companies, and in many respects for good reason. It’s not surprising that they are retiring the name. Plus Monsanto sort of sounds like “monster”. Which in some respects, many would argue it is. A crony monster.
The German drugmaker had received all required approvals from regulatory authorities, it said in a statement on Monday.
“Bayer will remain the company name. Monsanto will no longer be a company name. The acquired products will retain their brand names and become part of the Bayer portfolio,” it said.