Health Care REIT Inc., of Toledo, Ohio, said it had agreed to buy Sunrise Senior Living Inc., which has 14 sites within 30 miles of Center City, for $14.50 per share in cash, or $1.3 billion.
Health Care REIT also owns the real estate of Genesis Healthcare Corp., a Kennett Square operator of nursing homes and rehabilitation facilities, and Brandywine Senior Living, a Moorestown assisted living company. Sunrise is based in McLean, Va.
www.omegare.com
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