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Baxter International Spinoff Headed to Bannockburn

Site Selection for Baxalta Marks One Move Closer to Official Split
By James Saucedo
February 27, 2015 | 9:59 P.M.

Healthcare corporation Baxter International (NYSE: BAX), which confirmed last fall that it would spin off its biopharmaceutical business to form Baxalta Inc. in mid-2015, signed a lease with building owner Equity Commonwealth to establish Baxalta Inc.'s global headquarters at the Bannockburn Centre in College Park at 1200 Lakeside Dr. in Bannockburn, IL.

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