Shares of luxury retailer Tiffany & Co(TIF) shot higher last week on word of an unsolicited takeover bid from LVMH Moet Hennessy Louis Vuitton (LVMUY). The iconic retailer is said to be considering a buyout bid of $120 per shareInterestingly, Tiffany's stock is trading above its proposed buyout price, which suggests that a higher bid may soon mate...
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