New York (AFP) – LVMH and Tiffany have revived talks to try to resuscitate their merger, which has been on shaky ground since late summer, a person close to the talks said Tuesday.Among the options, the companies are discussing possibly lowering the price, so LVMH would pay between $130 to $133 a share for Tiffany, instead of $135 under a $16.2 billion deal, the source told AFP.The two companies declined comment.The parent to luxury brands such as Louis Vuitton, Dior and Moet & Chandon, LVMH announced its plan to acquire Tiffany and it’s iconic robin’s egg blue gift boxes at the end of 2019.Bu…
LVMH, Tiffany resume talks to try to save merger: source
