This Slide: #74 of 91 |
Slide #74. Health Care REIT — Sunrise Senior Living, Inc.
Acquirer:
Health Care REIT (HCN)
Acquiree:
Sunrise Senior Living, Inc. (SRZ)
Details:
Sunrise Senior Living, Inc. (NYSE: SRZ) announced that at its special meeting of stockholders held today, Sunrise stockholders voted to approve the adoption of the previously announced merger agreement with Health Care REIT, Inc. (NYSE: HCN). 98.3 percent of the votes cast by Sunrise stockholders were in favor of this proposal, representing 69.4 percent of the shares of Sunrise common stock entitled to vote. Sunrise stockholders also voted to approve, on an advisory, nonbinding basis, the contractually based compensation that may be paid or become payable to Sunrise's named executive officers that is based on or otherwise relates to the proposed acquisition.
Welltower is a real estate investment trust. As of Dec 31 2016, Co.'s portfolio consisted a total of 1,313 properties that comprised of 631 triple-net properties (independent living facilities and independent supportive living facilities, continuing care retirement communities, assisted living facilities, care homes with and without nursing, Alzheimer's/dementia care facilities, long-term/post-acute care facilities and hospitals); 420 seniors housing properties (independent living facilities and independent supportive living facilities, assisted living facilities, care homes and Alzheimer's/dementia care facilities); and 262 outpatient medical properties (outpatient medical buildings).
Open the HCN Page at The Online Investor »
Welltower is a real estate investment trust. As of Dec 31 2016, Co.'s portfolio consisted a total of 1,313 properties that comprised of 631 triple-net properties (independent living facilities and independent supportive living facilities, continuing care retirement communities, assisted living facilities, care homes with and without nursing, Alzheimer's/dementia care facilities, long-term/post-acute care facilities and hospitals); 420 seniors housing properties (independent living facilities and independent supportive living facilities, assisted living facilities, care homes and Alzheimer's/dementia care facilities); and 262 outpatient medical properties (outpatient medical buildings).
Open the SRZ Page at The Online Investor »
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