Jim Cramer Says The Bayer-Monsanto Deal Will Be Blocked

Shares of Monsanto Company

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NYSE: MON) were trading higher by more than 5 percent on Monday at $107.24 after Bayer made public its intentions to acquire the company for $122 per share.Given the notable discount in Monsanto's trading price to the takeout offer, investors and traders could be working under the assumption that Bayer's acquisition may be blocked by US regulators. This is also a view expressed by CNBC's Jim Cramer.Speaking during Monday's "Squawk Box" segment, Cramer pointed out that Monsanto and Bayer's customers overlap and "are the same.""I don't think these guys have thought this through," he said. "I don't think they understand the way the justice department works anymore. And I think this one is going to have a very very hard time because they are really big in crop protection - and that's what the farmers want.""I don't know if this one can go through," Cramer concluded.