Health Care REIT, Inc. HCN announced today that it has entered
into a definitive agreement to acquire all of the outstanding common
stock of Sunrise Senior Living, Inc. SRZ for $14.50 per share in
an all cash transaction. The acquisition positions Health Care REIT
among the largest owners of seniors housing in the world with over
58,000 units located in the U.S., Canada, and the United Kingdom.
As part of the transaction, Health Care REIT will acquire Sunrise's 20
wholly owned seniors housing communities and Sunrise's interest in joint
ventures that own 105 seniors housing communities. The 20 wholly owned
communities are located in the U.S. (17) and Canada (3), while the joint
venture communities are located in the
See full press release
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