Monsanto's offer to buy competitor Syngenta a year ago touched off a wave of mergers among agriculture's biggest seed and inputs makers. Even though Monsanto's offer ultimately failed, companies big and small have raced to increase efficiencies by making deals of their own.The first proposed deal, between DuPont and Dow, would create a company that would be split into three entities: one focused on specialty products, one on material science and one on agriculture. The agriculture company alone would be valued at $16 billion. Dow anticipates closing the deal in the fourth quarter of this year.
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