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Hugh Grant, Monsanto CEO, takes part in a panel during the Clinton Global Initiative’s annual meeting in New York, September 28, 2015.

Monsanto boss could net $70 million from a Bayer takeover

Consolidation in the agrochemical and seed business pays big dividends for senior executives

Monsanto boss Hugh Grant could land more than $70 million if the world’s largest seed company is taken over by German chemicals giant Bayer AG. The U.S. firm said it was open to engaging in further negotiations with Bayer after turning down its $62-billion bid as “incomplete and financially inadequate” this week. That $122-per-share offer