Robbins Arroyo LLP: Acquisition of Baxalta, Inc. (BXLT) by Shire PLC (SHP) May Not Be in Shareholders' Best Interests

SAN DIEGO & BANNOCKBURN, Ill.--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Baxalta Inc. (NYSE: BXLT) by Shire PLC (London: SHP). On January 11, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Shire PLC will acquire Baxalta. Under the terms of the agreement, Baxalta shareholders will receive $18.00 in cash and 0.1482 Shire ADS per Baxalta share, the value of which implies a total current value of $45.57 for each share of Baxalta common stock.