Senior Living Stocks On Watch After HCN/SRZ Deal
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Traders will be keeping a keen eye on senior living stocks Wednesday after Health Care REIT, Inc. (NYSE: HCN) announced plans to acquire Sunrise Senior Living, Inc. (NYSE: SRZ) for a 62% premium.
Stocks on Watch:
Five Star Quality Care Inc. (NYSE: FVE), Skilled Healthcare Group, Inc. (NYSE: SKH), Capital Senior Living Corp. (NYSE: CSU), Kindred Healthcare Inc. (NYSE: KND), Brookdale Senior Living Inc. (NYSE: BKD), Assisted Living Concepts Inc. (NYSE: ALC), Emeritus Corp. (NYSE: ESC), Sun Healthcare Group, Inc. (Nasdaq: SUNH).
Stocks on Watch:
Five Star Quality Care Inc. (NYSE: FVE), Skilled Healthcare Group, Inc. (NYSE: SKH), Capital Senior Living Corp. (NYSE: CSU), Kindred Healthcare Inc. (NYSE: KND), Brookdale Senior Living Inc. (NYSE: BKD), Assisted Living Concepts Inc. (NYSE: ALC), Emeritus Corp. (NYSE: ESC), Sun Healthcare Group, Inc. (Nasdaq: SUNH).
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