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Tiffany & Co., LVMH agree to discounted acquisition deal

The Tiffany T1 collection is showing positive signs of market acceptance. Image credit: Tiffany & Co. LVMH and Tiffany & Co. have renegotiated their merger agreement.  Image credit: Tiffany & Co.


French luxury conglomerate LVMH Moët Hennessy Louis Vuitton is ready to tie the knot with U.S. jeweler Tiffany & Co., after the two companies agreed to change the price of the acquisition.