Common Contracts
1 similar Merger Agreement contracts
McLean, Virginia 22102Merger Agreement • September 25th, 2012 • Delaware
On August 21, 2012, Sunrise Senior Living, Inc. and Health Care REIT, Inc. entered into a merger agreement, pursuant to which Health Care REIT agreed to acquire Sunrise for $14.50 in cash per share of Sunrise common stock. As described in more detail in the enclosed proxy statement, the $14.50 per share consideration is subject to possible increase in the event that the conditions to the closing of the transaction have been satisfied or waived, but Health Care REIT exercises its right under the merger agreement to delay the closing beyond February 21, 2013. In such circumstances, the consideration will be increased by $0.007621 in cash, without interest, for each day during the period commencing on February 21, 2013 and ending on the date the merger is completed.
