Benzinga's M&A Chatter for Monday January 11, 2016

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday January 11, 2016: Shire to Combine With Baxalta; Baxalta Shareholders Will Receive $18 Cash, 0.1482 Shire ADS Per Share The Deal:
Shire plc SHPG and Baxalta Incorporated BXLT announced Monday, that the boards of directors of both companies have agreed that Shire will combine with Baxalta, in a deal valued at approximately $32 billion. Baxalta shareholders will receive $18.00 in cash and 0.1482 Shire ADS per Baxalta share. The transaction is expected to close mid-2016. Baxalta closed at $39.10 on Monday down 2.27%. NorthStar Asset Management to Explore Strategic Alternatives The Strategic Review:
The Board of Directors of NorthStar Asset Management Group Inc. NSAM announced Monday that it has hired Goldman, Sachs to assist in exploring potential strategic alternatives. NorthStar Asset Management closed at $11.59 on Monday, up 10.8%. Apollo Global Management in Talks to Acquire Apollo Education for ~$1B The Rumor:
Apollo Global Management LLC APO is in advanced talks to acquire Apollo Education Group Inc. APOL, according to sources as reported by the Wall Street Journal on Monday. The sources said a deal would be valued at approximately $1 billion and could be reached in the next few weeks. Apollo Education closed at $6.38 on Monday, down 3.19%.