August 22, 2012 / 11:50 AM / 5 years ago

Health Care REIT to buy Sunrise for $845 mln

Aug 22 (Reuters) - Sunrise Senior Living Inc said it will be bought by Health Care REIT Inc for about $845 million.

The $14.50 per share offer represents a 62.4 percent premium to Sunrise’s Tuesday close.

The deal is expected to close in the first half of 2013.

Goldman Sachs & Co and KeyBanc Capital Markets Inc acted as financial advisers to Sunrise.

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