The European luxury conglomerate behind Louis Vuitton and Bulgari is
taking over Tiffany in a more than $16 billion gamble that it can
restore shine to the famed jeweler.
The deal values the U.S. company at $135 a share, and gives LVMH Moët
Hennessy Louis Vuitton a classic American brand that has struggled with
weak demand at home and abroad.
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