During a rare meeting conducted digitally on 30 December 2020, greater than 99 per cent of Tiffany & Co. shareholders approve LVMH’s new supply of $US131.50 and the terms of the revised merger settlement. Quoting sources near the negotiation, US business publication CNBC reviews that the 2 events are in “fluid” talks to revise the terms of the merger, decreasing the general value of the deal from $US135 per share to $130–133 per share. In a statement released on its web site, LVMH administration expresses “shock” at Tiffany & Co.’s legal submitting within the US, calling it “completely unfounded” and… Read More
