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CoverCress Named “Exit of the Year”

Bayer, the Germany-based pharmaceutical and agriculture giant, in August announced it had entered into a shareholders’ agreement to increase its existing investment in CoverCress to acquire a 65% ownership stake in the St. Louis startup. Creve Coeur-based CoverCress has developed a rotational, oilseed cash crop to provide winter and spring soil cover between corn harvest and soybean planting…