Bayer to axe Monsanto brand name

Monsanto’s name will soon be gone, and Bayer hopes that the move will be a
firewall between it and the controversial brand.
On Monday, pharmaceutical and pesticide giant Bayer said it plans to close
its $60 billion purchase of Monsanto on June 7. Bayer announced its first
step is to retire Monsanto’s 117-year-old (and very infamous) brand name.
In a press release in its corporate newsroom, Bayer announced:Bayer will remain the company name. Monsanto will no longer be a company
name.