Industry Mergers and Integration

"Ag Biotech: Thanks, But No Thanks?"

Deutsche Bank
July 12, 1999

The July 12, 1999 Deutsche bank report "Ag Biotech: Thanks, But No Thanks?" reviews the pending merger of Dupont and Pioneer and the financial performance of life science companies investing in GMOs. The report has stimulated much discussion and considerable media coverage. Excerpts of the report are circulating on the Internet, often incomplete and sometimes out of context. At the request of Ag BioTech InfoNet and on a one-time basis, Deutsche Bank has graciously provided the report in PDF format for posting so that interested individuals can study it in its entirety, including all tables, footnotes, caveats and appendices.

Download the 25 page report "Ag Biotech: Thanks, But No Thanks?" in PDF (170K)

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Suggested citation:
Mitsch, Frank J., and Jennifer S. Mitchell, "Ag Biotech: Thanks, But No Thanks?", Deutsche Banc Alex. Brown, July 12, 1999. Accessible on the Internet at

** NOTICE: In accordance with Title 17 U.S.C. Section 107, this material is distributed for research and educational purposes only. **

Last Updated on 9/7/99
By Karen Lutz

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