Missouri Minute: Bayer makes $62 billion Monsanto bid, Ruling may keep tobacco tax off ballot

Here are today’s top business headlines from across Missouri:

Bayer makes $62 billion offer for Monsanto, spooks investors

German drugs and crop chemicals group Bayer has offered to buy Monsanto, the Creve Coeur-based agribusiness giant, for $62 billion in cash, defying criticism from some of its own shareholders in a bid to grab the top spot in a fast-consolidating farm supplies industry. Read more

Judge’s ruling may keep larger cigarette tax initiative off Missouri ballots

A ruling by a Cole County judge has put the fate of a proposed ballot measure raising Missouri’s tobacco tax  to fund early childhood education in jeopardy. Read more

Taxi commission to ticket UberX drivers

A push to create statewide ride-hailing regulations died in the Missouri Legislature this month — a cue the St. Louis Metropolitan Taxicab Commission is taking as a signal to begin ticketing UberX drivers. Read more

Missouri GOP leaders urge Republicans to support Trump

Less than a month after most Missouri Republican leaders favored anyone but Donald Trump, those same officials told hundreds of party activists that they now had no other choice. Read more

Tech group KCnext changes name, parts ways with KCADC

As part of its ongoing effort to attract top tech talent to the Kansas City area, KCnext is changing its name and breaking away from its parent organization. Read more

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Correction: May 23 at 1:15 p.m.

This story’s headline was updated to accurately reflect the amount of Bayer’s bid for Monsanto. A previous version of the headline misstated the bid amount as $64 billion.

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