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home / news releases / LVMUY - Tiffany Shareholders Approve LVMH Takeover

LVMUY - Tiffany Shareholders Approve LVMH Takeover

LVMH Moet Hennessy Louis Vuitton ADR

After a long and contentious process, the proposed takeover of Tiffany (NYSE: TIF) by European luxury retailer LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) has been approved by Tiffany shareholders, reports Reuters.

More than 99% of voting shareholders approved the $15.8 billion deal that will bring a modified price of $131.50 per share to holders of Tiffany stock.

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Tiffany Shareholders Approve LVMH Takeover
Stock Information
Company Name: LVMH Moet Hennessy Louis Vuitton ADR
Stock Symbol: LVMUY
Market: OTC
Website: lvmh.com
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