Jim Cramer Doubts Bayer's Bid for Monsanto Will Win Approval

Monsanto formally received a $62 billion takeover bid from Bayer which is valued at $122 a share.
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Monsanto (MON) formally received a $62 billion takeover bid from Bayer which is valued at $122 a share, but TheStreet's Jim Cramer believes the deal could be nixed by the U.S. Justice Department.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.