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ReSound Hearing Aid Buy Amplifies GN Danavox North American Presence

This article was originally published in The Gray Sheet

Executive Summary

Acquisition of Redwood City, California-based hearing aid maker ReSound by Danish firm GN Great Nordic's GN Danavox hearing aid subsidiary for $180 mil. in cash will enhance the firm's presence in North America, creating a combined entity with annual revenues in excess of $200 mil. A definitive agreement was announced May 10.
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