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BAYER SAYS THRESHOLD MET FOR 750 MILLION SETTLEMENT OVER GENETICALLY MODIFIED RICE

December 16, 2011

LITTLE ROCK, Ark. — Rice growers met a threshold to move forward with a $750 million settlement over genetically modified rice, the company blamed for the problem said Thursday. Bayer CropScience had agreed to the settlement this summer, five years after the company inadvertently introduced a strain of genetically altered long-grain rice into the U.S. market. As part of the settlement, Bayer set ...



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