After months of negotiations, Monsanto announced on Wednesday that it would not try to purchase competitor Syngenta.
In the past few years, Monsanto has purchased weather analysis companies and big data firms. The company now wants to buy the Swiss chemical company, Syngenta.
In an effort to make the world's largest seed and pesticide company, Monsanto has offered to buy Syngenta. But the Swiss company isn't accepting -- yet.
Bees have been dying worldwide, causing concern for global food supply. This week, the EU has taken a step to protect the bees from pesticides.