Monsanto company, the "new Monsanto", focused on four key agricultural crops—soybeans, maize, wheat and cotton. Monsanto agreed to indemnify Pharmacia against potential liabilities from judgments against Solutia. As a result, the new Monsanto continued to be a party to numerous lawsuits over the prior Monsanto. Pharmacia was bought by Pfizer in 2003.) In 2005 Monsanto acquired Emergent Genetics and its Stoneville and NexGen cotton brands. Emergent was the third largest U.S. cotton seed company, with about 12% of the U.S. market. Monsanto's goal was to obtain "a strategic cotton germplasm and traits platform." Also in 2005, Monsanto purchased Seminis, the California-based
Edgar Monsanto Queeny Edgar Monsanto Queeny Edgar Monsanto Queeny (September 29, 1897 - July 7, 1968) was a US industrialist, chairman of the Monsanto corporation from 1928 until his retirement in 1960. Edgar Monsanto Queeny was the son of John Francis Queeny and his wife, Olga Méndez Monsanto. In the First World War, he served as a seaman in the US Navy. Edgar Monsanto Queeny took over the leadership of Monsanto, which had been founded by his father, in 1928. At this time, it had just been listed on the stock exchange as a public company. He led the company through the 1929