German lawmakers approved a major bailout for the struggling Meyer Werft shipyard on Wednesday, clearing the way for a temporary state takeover of the shipbuilder. Lawmakers in Berlin and the German state of Lower Saxony both approved a €400 million ($440 million) government investment to stabilize Meyer Werft, with the German government and Lower Saxony splitting the cost. Together, the governments will take over 80% of the shares in the struggling shipyard, which is best known for building large cruise ships. Political leaders have said the takeover will be temporary, but there is not a fixe…