DuPont Compelled To Settle Monsanto Suit For $2 Billion!
Must Pay For Monsanto's Superior GM Traits Out To 2023
Good Morning, Bonjour, Guten Tag, Buon Giorno,
Investors, looks like DuPont's Management's cheating and robbing Monsanto of patent-protected GM technology is paying off big-time for Monsanto to the tune of circa $2 billion. To settle Monsanto's patent infringement suit and withdraw its groundless counter suit of "monopoly", DuPont will pay out in license fees:
* A total of $802 million in four fixed annual payments of $200.5 million from 2014 through 2017, and
* Another total of $950 million out to 2023.
Bottom-line, DuPont Management has been forced publicly to disclose their embarrassing lack of integrity and innovation in developing and commercialising GM seed traits. What a loser in the marketplace!
Merely the morning remarks and opinion of one individual retail investor and long-time student of the