WEST PALM BEACH, Fla.--(BUSINESS WIRE)--HearUSA, Inc. (NYSE Amex: EAR), a nationally recognized leader in hearing care, today announced that it has executed an agreement to sell substantially all of its assets to an affiliate of William Demant Holdings A/S, a leading international hearing-care company. The sale will be facilitated with court assistance under chapter 11 of the US Bankruptcy Code pursuant to a voluntary petition filed by the Company today in the Southern District of Florida. The Company announced that it will continue to operate and conduct business as usual pending the closing of the sale.
