Aug. 02, 2011
WEST PALM BEACH, FL-Audiology Distribution, LLC, a wholly owned subsidiary of Siemens Hearing Instruments, was the winner in an auction held here July 30 for the assets of HearUSA, Inc. HearUSA, one of the nation’s largest providers of hearing healthcare, went up for bids under Chapter 11 bankruptcy proceedings. The bid by Audiology Distribution includes aggregate consideration of approximately $129 million