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During an extraordinary meeting carried out digitally on 30 December 2020, greater than 99 per cent of Tiffany & Co. shareholders approve LVMH’s new offer of $US131.50 and the phrases of the revised merger agreement. Quoting sources close to the negotiation, US business publication CNBC reviews that the 2 events are in “fluid” talks to revise the phrases of the merger, reducing the overall value of the deal from $US135 per share to $130–133 per share. In a statement released on its website, LVMH management expresses “shock” at Tiffany & Co.’s legal submitting within the US, calling it “totally unfounded”… READ MORE