Monsanto Parent Company Bayer Sees Shares Plummet After Cancer Ruling
FRANKFURT, Aug 13 (Reuters) — Bayer shares plunged as much as 14 percent on Monday, losing about $14 billion in value, after newly acquired Monsanto was ordered to pay US$289 million in damages in the first of possibly thousands of U.S. lawsuits over alleged links between a weedkiller and cancer. After the verdict in favor…