Ohio-Based Health Care REIT Completes Sunrise Acquisition

Circle Connections: Mergers & Acquisitions Health Care REIT has closed its deal to acquire Sunrise Senior Living, the McLean, Va.-based operator of nursing, rehabilitation and other senior-care facilities. The formerly publicly traded company sold for $14.50 per share in cash. In a news release, Toledo, Ohio-based Health Care REIT placed the deal value at $3.4 billion and said it was expected to rise to $4.3 billion by July after buying out some of Sunrise's joint-venture partners. The deal includes 120 wholly-owned properties and five remaining joint venture properties, according to the . . .