Slashdot Mirror
No More 'Miracles From Molecules': Monsanto's Name Is Being Retired (reuters.com)
Flexagon writes: Germany's Bayer announced today that in its link-up with Monsanto, it's retiring the "Monsanto" name, and with it the name of the company that originally sponsored Disneyland's "Adventure Thru Inner Space" attraction. The $63 billion takeover will wrap up on Thursday. "Bayer will remain the company name. Monsanto will no longer be a company name. The acquired products will retain their brand names and become part of the Bayer portfolio," it said.
The decision to retire the name is a smart business move. "These days Monsanto is shorthand for, as NPR's Dan Charles has put it, 'lots of things that some people love to hate': Genetically modified crops, which Monsanto invented," reports NPR. "Seed patents, which Monsanto has fought to defend. Herbicides such as Monsanto's Roundup, which protesters have sharply criticized for its possible health risks. Big agriculture in general, of which Monsanto was the reviled figurehead."
The decision to retire the name is a smart business move. "These days Monsanto is shorthand for, as NPR's Dan Charles has put it, 'lots of things that some people love to hate': Genetically modified crops, which Monsanto invented," reports NPR. "Seed patents, which Monsanto has fought to defend. Herbicides such as Monsanto's Roundup, which protesters have sharply criticized for its possible health risks. Big agriculture in general, of which Monsanto was the reviled figurehead."
Monsanto name is gone, however their genetically modified crops that only grow with their products remains.
i.e. nothing has changed.
My ism, it's full of beliefs.
The decision to retire the name is a smart business move. "These days Monsanto is shorthand for, as NPR's Dan Charles has put it, 'lots of things that some people love to hate': Genetically modified crops, which Monsanto invented," reports NPR. "Seed patents, which Monsanto has fought to defend. Herbicides such as Monsanto's Roundup, which protesters have sharply criticized for its possible health risks. Big agriculture in general, of which Monsanto was the reviled figurehead."
And here I for one thought the smarter business move would be to retire those products and practices which are harmful to people and the environment...
What is hilarious is that the same people that constantly shout, "Science!" with respect to their causes that they find are supported by science, completely ignore the conspicuous lack of science to support their claims about GMO, Round Up, etc.
Yes I agree! How peoole can make any claims that GMOs are safe with respect to the wider ecosystem, with virtually no test data is ridiculous and anti-science BS
> All changing your name like that does is publicly admit that your reputation is impossible to salvage and you are trying to be sneaky.
What the heck are you talking about? Why in the world would the larger company, Bayer, change ITS name to the name of the smaller company it is acquiring? Of course Bayer is keeping their name.
What could be sneaky be if $bigcompany bought $smallcompany and then changed its name to $smallcompany. Keeping their name is what companies normally do when they make acquisitions.
Yes I agree! How peoole can make any claims that non-GMOs are safe with respect to the wider ecosystem, with virtually no test data is ridiculous and anti-science BS
People aren't stupid
If that were true they wouldn't have demonized Monsanto in the first place ...