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Health Care REIT, Inc. (HCN)

- NYSE
  • Jan. 7, 2013, 7:37 PM
    Sunrise Senior Living (SRZ) says that stockholders have voted to approve the merger with Health Care REIT (HCN), with 98.3% of the votes cast in favor of the proposal. The tally represented 69.4% of the outstanding stock entitled to vote. The merger is expected to close on January 9.
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  • Dec. 28, 2012, 4:12 PM
    Sunrise Senior Living (SRZ) announces that in connection with the proposed merger with Health Care REIT (HCN) and the related proposed sale of its management business, the board has declared a conditional special cash dividend of $2.10 per share of SRZ to holders as of the close of business on January 8.
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  • Aug. 22, 2012, 7:43 AM
    Health Care REIT (HCN) purchases Sunrise Senior Living (SRZ) for $14.50 a share, marking a 62% premium over the company's closing price yesterday. The transaction is expected to close in the first half of 2013. SRZ +59.6% premarket.
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  • Apr. 16, 2012, 7:22 PM
    Sunrise Senior Living (SRZ) sells its 20% stake in 16 retirement communities to Ventas (VTR) for about $28M. SRZ will remain the manager of the communities under the preexisting terms relating to management fees and contract length, which currently range from 18 to 27 years.
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HCN vs. ETF Alternatives
Company Description
Health Care REIT, Inc. is a real estate investment trust. It invests in senior housing and health care real estate. It also provides property management and development services.