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MEDICAL
Sunrise buys continued-care firm
Sunrise Senior Living will buy continuing care community developer Greystone Communities, a move that gives it inroads into the not-for-profit sector. Sunrise will pay $45 mil, about 7 times Greystone's '05 pretax earnings, plus performance bonuses that could bump the total purchase price to $52.5 mil. Shares rose 1% to 51.65.
** Baxter Healthcare won FDA OK for a plasma-based intravenous treatment for immune deficiency disorders. Shares fell 0.5% to 36.88.
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