|Bid||122.04 x 100|
|Ask||125.22 x 100|
|Day's range||121.51 - 123.67|
|52-week range||76.73 - 128.37|
|PE ratio (TTM)||22.23|
|Dividend & yield||2.40 (1.97%)|
|1y target est||N/A|
US farm equipment giant John Deere has dropped plans to acquire a unit of Monsanto amid concerns the merger would be challenged by regulators. Deere & Company had announced in November 2015 its plan to purchase Precision Planting LLC, a company owned by Climate Corporation, a subsidiary of Monsanto. The proposed acquisition would have combined the only two significant US providers of high-speed precision planting systems, the Justice Department said in a statement late Monday.