The negotiations were based on a price in the range of $131-$134 for each Tiffany share, against the previous price of $135. Tiffany last month sued the Louis Vuitton owner in a Delaware court, alleging that the French company had been stalling the deal and that it had improperly tried to renegotiate the deal. LVMH had countersued, alleging that the U.S. company has been mismanaged during the COVID-19 pandemic. …read more
Source:: Yahoo Finance
