UPDATE: Bay International silent partner Scott Wright to exit as Hutsons buy out Abano for $32M

Sun, 22 May 2016

(Recasts to add details of changes to Bay International shareholding, updates shares) By Jonathan Underhill May 23 (BusinessDesk) - A long-time shareholder in Bay International will exit as interests associated with Peter Hutson move to buy out Abano Healthcare Group's half stake in the audiology company for $32 million. The Scott and Alison Wright Family Trust currently own 11 percent of Bay International. Wright would take advantage of the transaction with Abano to exit the investment in both the audiology business and Abano itself,...

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