Baxalta sets date for stockholder meeting on Shire merger
BANNOCKBURN - Baxalta Inc.'s stockholders will meet May 27 to adopt the merger agreement with Irish-based drugmaker Shire plc.
Shareholders of record as of the close of business on April 11 will be eligible for the meeting to be held at Baxalta's corporate headquarters, 1200 Lakeside Drive, Bannockburn.
Shire announced in January that it will pay about $32 billion in cash and stock to buy Baxalta. The merger will allow Baxalta to move its headquarters overseas, allowing it to avoid U.S. corporate taxes.
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