• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Agriculture / Pioneer merger approved today

Pioneer merger approved today

October 1, 1999 By admin

A seed company formed in Iowa 75-years ago underwent a major change today.The shareholders of Pioneer Hi-Bred International officially approved amerger with Dupont. Former Pioneer President and C-E-O Charles Johnsonannounced the results of today’s vote.Ninety-nine-point-six percent of shareholders voted in favor of the merger. Johnson has become an Executive Vice President for Dupont. Jerry Chicoinetakes over as Pioneer President and C-E-O. The merger was first announcedin March of this year and involves a seven-point-seven billion dollar stockswap for the 80-percent of Pioneer that Dupont did not already own. Johnsonsays the deal is great for both companies.Pioneer has about five-thousand workers worldwide. Before the merger, DuPonthad 92-thousand employees in 70 countries.

Share this:

  • Facebook
  • Twitter

Filed Under: Agriculture, Business

Featured Stories

Bill would limit placement of solar arrays on farm ground

Marquette casino moving to land, leaving only 2 casino boats in Iowa

Reynolds signs her ‘school choice’ bill into law

Governor Reynolds touts 2024 Iowa Caucuses in Inaugural Address

University of Iowa grad presiding over U.S. House Speaker vote

TwitterFacebook
Tweets by RadioIowa

No coaching changes coming for Iowa football

Iowa State names new receivers coach

No. 2 Iowa visits No. 1 Penn State in wrestling dual Friday night

Iowa’s Clark brings increased exposure to women’s basketball

No. 18 Iowa State women visit TCU

More Sports

Archives

Copyright © 2023 ยท Learfield News & Ag, LLC