Bayer, the German pharmaceutical and biotechnology company, will pay Oregon $698 million to end a lawsuit over PCB pollution associated with products made by Monsanto, the agriculture giant it now owns, the state's attorney general announced Thursday.
It's the largest environmental damage recovery in Oregon's history and “magnitudes larger” than any other state settlement over PCB contamination by Monsanto, Attorney General Ellen Rosenblum said. She described it as “vitally important” to the state's land, air, water, wildlife and residents.
