WARSAW, Ind.--(BUSINESS WIRE)--Biomet, Inc. (NASDAQ:BMET) announced on April 6, 2006, that Morgan Stanley & Co. Incorporated was retained to assist Biomet in exploring strategic alternatives and, consistent with this announcement, Biomet continues to assess all of its strategic alternatives. While Biomet has had a preliminary discussion with Smith & Nephew plc. as Smith & Nephew stated in a press release earlier today, Biomet has not made a determination that it is in Biomet’s best interests for it to engage in a transaction with any third party.
