LVMHF - Tiffany higher with all regulatory hurdles cleared for LVMH deal

Tiffany (TIF) is up 1.66% after CNBC's David Faber reports the company and LVMH (LVMHF) are in indirect talks over a reaching a deal. Faber speculates that Tiffany and LVMH could be considering a slightly lower price for the deal or moving toward a tender offer. Legal squabbling between the two companies is still going on. Earlier today, the European Union cleared the Tiffany-LVMH deal to move forward, which was the final regulatory clearance that was needed.Tiffany pre-announced August and September results a few weeks ago.

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Tiffany higher with all regulatory hurdles cleared for LVMH deal