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Tiffany, LVMH Are Said to Be Negotiating Lower Price on $16 Billion Purchase

A Deal Could End Dueling Lawsuits After French Luxury Brand Tried to Scrap Pre-Pandemic Deal
Tiffany & Co. and LVMH Moet Hennessy Louis Vuitton are said to be back at the table to negotiate a lower price on a $16.2 billion pre-pandemic buyout agreement. (Getty Images)
Tiffany & Co. and LVMH Moet Hennessy Louis Vuitton are said to be back at the table to negotiate a lower price on a $16.2 billion pre-pandemic buyout agreement. (Getty Images)
By Jennifer Waters
CoStar News
October 27, 2020 | 7:33 P.M.

Tiffany & Co. and LVMH Moet Hennessy Louis Vuitton are said to be at the bargaining table again, hashing out a lower price for the $16.2 billion buyout of the inventor of the modern diamond engagement ring that landed both of them in court after LVMH tried to walk away.

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