Tiffany Agrees To Accept Lower Price For Acquisition By LVMH
Oct 29, 2020 5:03 AM
(RTTNews) - Tiffany & Co. (TIF) agreed to accept a lower price of its acquisition by LVMH Moet Hennessy Louis Vuitton (LVMHF.PK, LVMUY.PK), ending a legal dispute between them.
The new takeover price is $131.50 per share compared to the original takeover price of $135 per share.
The companies said that other key terms of the merger agreement...