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Monsanto's decision, first reported earlier on Tuesday by Reuters, puts pressure on Bayer to decide whether to raise its bid, even as the company faces criticism from some shareholders that its $122-per-share cash offer is already too high. Monsanto shares ended trading up 3.1 percent at $109.3 in New York, substantially below Bayer's bid price, underscoring some investor skepticism that a deal can be done. Bayer shares rose 3.23 percent at 87.15 euros in Frankfurt.
CHARLESTON, W.Va. (AP) — An Ohio man fatally shot a former coal company executive at a cemetery where the businessman's wife is buried and has been arrested on a first-degree murder warrant, a sheriff said Tuesday.