Shareholders of Biomet, Inc. ("BMET/BMET1C") voted on Wednesday, September 5, 2007 and approved
a proposed Merger between BMET and LVB Acquisition Merger Sub, Inc., a wholly owned subsidiary of
LVB Acquisition, Inc., an entity currently controlled by private equity funds sponsored by each of
The Blackstone Group L.P., Goldman, Sachs & Co., Kohlberg Kravis Roberts & Co. L.P. and TPG
Capital, L.P. The Merger will become effective on Wednesday, September 26, 2007. Pursuant to the
terms of the proposed merger, each share of BMET Common Stock outstanding will be converted into
the right to receive $46.00 cash, without interest, per BMET share. This corporate action will be
coordinated with the Options Clearing Corporation.
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