---------- From: Laurel Hopwood <[log in to unmask]> Reply-To: Biotech Forum <[log in to unmask]> Date: Tue, 13 Nov 2001 14:27:48 -0500 To: [log in to unmask] Subject: Pharmacia spinning off Monsanto PHARMACIA SEEN SPINNING OFF MONSANTO November 12, 2001 Reuters edited Analysts were cited as saying that Pharmacia Corp. will likely spin off Monsanto Co. to shareholders next spring as the drug company seeks to rid itself of its volatile agricultural business. Pharmacia has already sold off 15 percent of Monsanto. Jami Rubin, an analyst at Morgan Stanley was quoted as saying, "We expect that Pharmacia will sell or spin off the remaining 85 percent of Monsanto that it owns. According to a news story in the London Financial Times story, there's speculation that both Dow and DuPont were in the wings for a possible purchase of the new stripped-down Monsanto. comment from laurel hopwood: The consolidated corporate control of agriculture is a huge concern. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - For SC email list T-and-C, send: GET TERMS-AND-CONDITIONS.CURRENT to [log in to unmask] - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - For SC email list T-and-C, send: GET TERMS-AND-CONDITIONS.CURRENT to [log in to unmask]