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Initial public offering proposed for Biomet

Biomet Inc. could soon be publicly traded.

LVB Acquisition Inc., the Warsaw-based orthopedic devices manufacturer’s parent company, has registered with the Securities and Exchange Commission for a proposed initial public offering of common stock, Biomet officials announced today.

A date for the IPO, the number of shares and the price range have not yet been decided.

Biomet expects to use the sale’s proceeds to pay down debt.

For more on this story, see Saturday’s print edition of The Journal Gazette or visit www.journalgazette.net after 3 a.m. Saturday.

sslater@jg.net

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