Tiffany agrees to lower takeover offer of $15.8 million from LVMH
Iconic jeweler Tiffany & Co. has agreed to a lower takeover offer of $15.8 million from French luxury goods giant LVMH, putting the largest deal in luxury back on the table. LVMH will now pay $131.50 for each Tiffany share, down slightly from the $135 price when the deal was first agreed last November. This puts … Read more