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TIF LONG TIF MERGES WITH LVMH
Tiffany (TIF) and LVMH Moet Hennessy Louis Vuitton said Thursday they have agreed to lower the price for the acquisition of the jewelry company by the French luxury goods group, ending their legal dispute.
In a statement, the companies said LVMH will buy Tiffany for $131.50 per share in cash instead of the originally planned $135 per share. In addition, Tiffany will also declare and pay a regular dividend of $0.58 per common share on Nov. 19. Other terms remain unchanged.
TIF HAS EARNINGS DUE ON 12/01
In a statement, the companies said LVMH will buy Tiffany for $131.50 per share in cash instead of the originally planned $135 per share. In addition, Tiffany will also declare and pay a regular dividend of $0.58 per common share on Nov. 19. Other terms remain unchanged.
TIF HAS EARNINGS DUE ON 12/01
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.