Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Siemens Affiliate Bids to Acquire HearUSA's Assets

|Includes: VAALCO Energy, Inc. (EGY), HEARQ

In a bankruptcy court filing today, HearUSA, Inc. (OTC:HEARQ) disclosed that it has received a bid to acquire substantially all of its assets from Audiology Distribution, LLC, which is an affiliate of Siemens Hearing Instruments, Inc.  Read more about the details of the bid and the bankruptcy case on our blog: http://blog.ch11cases.com/2011/07/hearusa-receives-competing-bid-from.html