85 - Activists Against Agriculture - When It Comes To Chemicals, They're Winning

Things aren’t good at Bayer, and that’s just how the activist groups dead set on destroying the chemical company like it. At this week’s shareholder meeting, 55% of Bayer shareholders refused to endorse the management. Chiefly, the shareholders were reacting to Bayer’s acquisition of Monsanto, a deal that closed in June 2018. Since the Monsanto purchase, Bayer’s stock value has dropped 38%. The reason, of course, is litigation against Roundup herbicide. With 13,400 lawsuits filed (at this point in time), and Bayer going 0 for 2 in their first two lawsuits, things are a little dicey. The activist groups are winning. In this episode I’ll explain why they’re winning, and what the future might hold. Hint: It’ll be more lawsuits with a different target.