Monsanto to reflect Delta & Pine acquisition in fiscal year 2007
31 Aug '07
1 min read
As of August 30, 2007, Monsanto Company has provided unaudited pro forma financial information for the company to reflect its acquisition of Delta and Pine Land Company in fiscal year 2007.
This information also reflects accounting associated with the discontinued operations of Monsanto's two former cotton seed businesses, Stoneville and NexGen, which were divested as part of the company's acquisition of Delta and Pine Land Company.
Monsanto released its unaudited pro forma information in a consolidated statement of operations for fiscal year 2006 and for the first three quarters of fiscal year 2007.
The consolidated statement of operations includes the historical financial information for Monsanto and Delta and Pine Land Company. This information also includes financial information for Delta and Pine Land Company's third quarter of fiscal year 2007.