Deals
Tiffany Likely to Play Hard to Get as LVMH Awaits Answer
- LVMH’s offer could be rejected as too low as early as weekend
- Tiffany seeking higher valuation multiple, like Bulgari
Pedestrians view a window display at a Tiffany & Co. store in Beverly Hills, California.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
Your move, Tiffany & Co.
That was the message from LVMH, the French luxury group that went public this week with a proposed $14.5 billion takeover of the storied American jeweler.