TIF News and Press, Tiffany & Co. From 09/29/20

Tiffany (TIF) is out with a response to what it calls misleading counterclaims finally filed yesterday by LVMH Moët Hennessy-Louis Vuitton SE (LVMHF). "LVMH’s specious arguments are yet another blatant attempt to evade its contractual obligation to pay the agreed-upon price for Ti...

Reiterates contractual requirement to complete transaction on agreed terms Tiffany & Co. (NYSE: TIF) today responded to baseless and misleading counterclaims finally filed yesterday by LVMH Moët Hennessy-Louis Vuitton SE (“LVMH”) in Delaware Chancery C...

Last week, a Delaware judge expedited the trial date for Tiffany's (TIF) lawsuit against LVMH (LVMHF) for backing out of the $16.2B takeover.Now LVMH has countersued, saying the original agreement had no pandemic carve-out under the material adverse effects, which allows L...

Merger activity increased last week with one new deal announced. The acquisition of Standard AVB Financial by Dollar Mutual Bancorp. InnerWorkings receives shareholder approval. For further details see: Merger Arbitrage Mondays - A Very Active Quarter Draws To A Clo...

On Monday, a judge fast-tracked Tiffany & Co. 's (NYSE: TIF) lawsuit against LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) over the quickly crumbling $16 billion merger agreement between the two, but neither side got all of what they wanted: The judge recommended the...

Tiffany's court case against LVMH has been fast tracked. It seems to me the likelihood of a full break has decreased quite a bit. With the judge suggesting the parties to have a productive conversation, I guess I have to increase odds of a settlement quite a bit. Still, given ...

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A Delaware judge is expediting the trial date for Tiffany's (TIF) lawsuit against LVMH (LVMHF), which backed out of a $16.2B takeover of the U.S. jeweler earlier this month."We appreciate the court’s ruling today to expedite the process," said Tiffany Chairman Roger Farah. "A trial on ...

Court Sets Trial for January 5, 2021 Tiffany & Co. (NYSE: TIF) today welcomed the decision by the Delaware Chancery Court to grant Tiffany’s motion to expedite its lawsuit against LVMH Moët Hennessy-Louis Vuitton SE (“LVMH”). Tiffany’s la...

Tiffany corrects inaccurate statements by LVMH regarding the merger agreement. LVMH submits a deal for European Commission for approval. Merger arbitrage cash spreads narrow as the broader market continues its downward trend. For further details see: Merger Arbitrage Ana...