One of Michiana's biggest companies will be under new ownership soon.
Shareholders of Warsaw based Biomet have approved a multi-billion dollar buyout deal from a private equity group.
The deal is worth more than $11 billion for knee and hip replacement manufacturer.
It was first announced last year, but needed approval of the owners of at least 75% of the company's shares.
LVB acquisition said it has bought nearly 83% of Biomet's shares.
Biomet's founder Dane Miller is one of the partners in LVB.
According to Biomet, the deal will close by the end of the year.