- U.S. state attorneys general have joined a federal antitrust probe of the planned merger between Dow Chemical (DOW) and DuPont (DD), adding a new risk to the deal's completion, Reuters reports.
- About seven states, including California, have joined the probe of Dow's planned merger with DuPont, according to the report, which adds that some of the state AGs would join an investigation of the proposed merger of Monsanto (NYSE:MON) and Bayer (OTCPK:BAYRY).
- The states are said to be concerned that the companies may raise pesticide and herbicide prices for farmers following a merger, and have less incentive to compete to introduce better and cheaper products.