Monsanto and Pharmacia & Upjohn Shareholders Vote to Approve Companies' Merger
MONSANTO AND PHARMACIA & UPJOHN SHAREHOLDERS VOTE TO APPROVE COMPANIES' MERGER ST. LOUIS and PEAPACK, N.J. (March 23, 2000) - Monsanto Company (NYSE: MTC) and Pharmacia & Upjohn (NYSE: PNU) today announced that shareholders of both companies voted to approve their proposed merger at special shareholder meetings held by each of the companies. In connection with the merger, Monsanto shareholders approved the issuance of shares of common and preferred stock as well as amendments to the company's charter. More than 75 percent of the outstanding shares, and 94 percent of the total votes cast,