LVMH agreed to acquire Tiffany in November, but the deal has yet to close pending regulatory approvals. Arnault said at the time Tiffany would “thrive for centuries to come” under LVMH. Arnault has been in talks with his advisers this week to identify ways to pressure Tiffany to lower the agreed deal price of $135 per share, the sources said. …read more
Source:: Yahoo Finance
