TractorWise

Reuters — Deere and Co. said its proposal to buy Precision Planting, an agricultural equipment and technology company, will increase consumer choice and directly benefit growers, in a response filed on Wednesday to the U.S. Department of Justice’s lawsuit to block the acquisition. Deere announced its planned acquisition of Precision Planting in November 2015, for about US$190 million. Precision Planting’s parent is The Climate Corporation, a unit of Monsanto. In August, the Justice Department said the...