-=Tiffany & Co. (TIF) to be acquired by LVMH (LVMUY)

• Update 1/7/21: LVMH completes the acquisition of Tiffany & Co. (TIF).  Alessandro Bogliolo, the current Chief Executive Officer of Tiffany, has agreed to remain with the company to facilitate the transition through January 22, 2021, after which time he will depart the company.
• Update 2/4/20:   Tiffany & Co: Stockholders vote to approve merger with LVMH (LVMUY); anticipates completion of merger in the middle of 2020.
• Update 12/31/19: Tiffany & Co to hold special meeting on Feb 4 to vote on merger with LVMH; transaction expected to close in the middle of 2020

Tiffany & Co confirms agreement to be acquired by LVMH (LVMUY) for $135/share in cash, or approximately $16.2 bln
The acquisition of Tiffany will strengthen LVMH's position in jewelry and further increase its presence in the United States. The addition of Tiffany will transform LVMH's Watches & Jewelry division and complement LVMH's 75 distinguished Houses. The transaction is expected to close in the middle of 2020 and is subject to customary closing conditions, including approval from Tiffany's shareholders and the receipt of regulatory approvals.

-=Tiffany & Co. (TIF) receives $14.5 billion takeover offer from LVMH (LVMUY)

Tiffany & Co confirms receipt of unsolicited, non-binding acquisition proposal from LMVH (LVMUY) for $120/share in cash
Tiffany & Co. (TIF) responded to media reports by confirming that it had received an unsolicited, non-binding proposal from LMVH Moet Hennessy -- Louis Vuitton to acquire Tiffany for $120 per share in cash. While the parties are not in discussions, Tiffany's Board of Directors, consistent with its fiduciary responsibilities, said it is carefully reviewing the proposal, with the assistance of independent financial and legal advisors, to determine the course of action it believes is in the best interests of the Company and its shareholders. The company advised shareholders to take no action at this time.