The board of directors of Monsanto is reviewing the proposal, in consultation with its financial and legal advisers. Monsanto will have no further comment until its board of directors has completed its review. There is no assurance that any transaction will be entered into or consummated, or on what terms.
Morgan Stanley & Co. and Ducera Partners are acting as financial advisers, and Wachtell, Lipton, Rosen & Katz is acting as legal adviser to Monsanto. 
—From Monsanto Co. news release
