Deere responds to government opposition to Precision Planting purchase
Quad-City Times: Deere & Co. has filed a response to a civil action filed by the Department of Justice to block the Moline, Ill.-based company’s acquisition of Precision Planting from the Climate Corp., a subsidiary of Monsanto Co. Deere reached a purchase agreement with Monsanto in November 2015. The Department of Justice challenged the purchase in August, alleging the acquisition would reduce competition. Deere says the case by the government is designed to protect a Deere competitor, not competition.