Afternoon Alert for Sunrise Senior Living, Inc.

0 Comments | M2 Presswire, May, 2007

M2 PRESSWIRE-29 May 2007-Large Cap News: Afternoon Alert for Sunrise Senior Living, Inc.(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:29052007 Sunrise Senior Living (formerly Sunrise Assisted Living) is transforming itself into a senior living management services company. The company has increased the number of assisted living communities it operates to about 415 facilities throughout the US, as well as in Canada, Germany, and the UK.

Sunrise owns or has an interest in about half of the facilities and manages the other half for third parties. The company's communities offer a range of services, from independent living to assisted living care for Alzheimer's patients. CEO Paul Klaassen and his wife, Teresa, together own about 12 of the company. Shares were down...

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