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LVMH Is Likely To Be Forced To Go Through With The Tiffany Acquisition And Live To Regret It

Written by jewelerssuite

When news broke this week that LVMH was backing out of its deal to acquire Tiffany & Co. TIF -0.5%, it came as no surprise.

Speculation has swirled for months that LVMH had buyer’s remorse after agreeing last November to pay $16.2 billion or $135 per share for Tiffany. It would have been the largest acquisition that LVMH ever made, a luxury conglomerate built through acquisitions.

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