Thursday, June 7, 2007

Biomet accepts sweetened takeover offer

(Reuters) - Completion of the tender offer is subject to the condition that at least 75 percent of the Biomet common shares have been tendered.




Biomet canceled a June 8 special meeting of shareholders scheduled to vote on the original takeover offer. As part of the revised merger agreement, Biomet has agreed not to pay its annual dividend.


Read more at Reuters.com Bonds News

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