Tiffany & Co. (TIF) Near Deal to Be Acquired by LVMH for $135/Share - WSJ

LVMH is near a deal to acquire Tiffany & Co. (NYSE: TIF) for $135 per share, or approximately $16.3 billion, the Wall Street Journal reported, citing people familiar with the matter.

The offer is higher than the $120 per share offer LVMH first approached Tiffany with last month.

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