NEW YORK, Aug. 22, 2012 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of SUNRISE SENIOR LIVING, Inc. ("Sunrise" or the "Company") (NYSE: SRZ) concerning the proposed acquisition of the Company by Health Care REIT Inc. ("Health Care REIT") in a transaction valued at approximately $845 million.
On August 22, 2012, it was announced that Sunrise and Health Care REIT have entered into a definitive agreement pursuant to which Health Care REIT will acquire Sunrise. Under the agreement, Sunrise shareholders will receive $14.50 in cash per share held.
Our investigation concerns whether the Sunrise board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders.
If you own Sunrise shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP