The sale of Monsanto's phenylalanine facilities to Great Lakes Chemical
(shortly after the Nancy Markle Email).

  http://www.amcity.com/stlouis/stories/1999/04/05/daily19.html
  http://www.bizjournals.com/stlouis/stories/1999/04/05/daily19.html

April 9, 1999

Monsanto to sell NSC unit Monsanto Co. said it will sell its NSC
Technologies pharmaceutical unit to Indianapolis-based Great Lakes
Chemical Corp. for $125 million. The sale is part of Monsanto's
restructuring plan. Proceeds will go toward reducing debt. Under the
deal, Monsanto will be a supplier to NSC Technologies, based in Mount
Prospect, Ill.

and the Lawsuit:

Date: Sat, 22 Jan 2000

Great Lakes Chemical sues Monsanto for $71 million

Reuters Story - January 21, 2000 16:07

WILMINGTON, Del., Jan 21 (Reuters) - Great Lakes Chemical Corp. is
seeking $71 million in damages from Monsanto Co. for allegedly providing
inaccurate sales projections for its NSC Technologies Co. unit.

Great Lakes bought the unit for $125 million in April, 1999.

In papers filed Thursday in the U.S. District Court in Delaware, Great
Lakes said that NSC's 1999 actual earnings were about $33 million and
not the $68.2 million projected by Monsanto a month before it sold NSC.

NSC makes L-phenylaline, an amino acid used in pharmaceuticals and as a
principal ingredient of the sweetener aspartame, sold by Monsanto as
Nutrasweet.

Great Lakes charged that Monsanto also failed to disclose that suppliers
of L-phenylaline worldwide had planned price cuts because rival
sweeteners were expected to enter the market, and that the value of
Monsanto's L-phenylaline patent could be affected by pending patent
infringement litigation.

Great Lakes has asked for a jury trial on its demand for $58 million
damages -- the difference between the $125 million it paid for NSC and
the $67 million its analysts later alleged was NSC's real worth. Great
Lakes also seeks $13 million in related damages plus unspecified
punitive damages.

Monsanto spokesman Dan Verakis told Reuters that the company has not yet
seen the lawsuit, but "based on (Great Lakes') prior claims, we believe
the lawsuit is without merit amd will defend it vigorously."