Tiffany and LVMH are negotiating a reduction in the value of Tiffany as part of the merger from the original $135 per share to $130-133, CNBC reports with reference to people familiar with the negotiations. If the parties fail to reach an agreement, the fate of the deal will be decided by a Delaware court, which in January 2021 will begin substantive litigation on Tiffany's lawsuit against LVMH for enforcement of the merger agreement.
Tiffany and LVMH are negotiating a reduction in the value of Tiffany as part of the merger from the original $135 per share to $130-133, CNBC reports with reference to people familiar with the negotiations. If the parties fail to reach an agreement, the fate of the deal will be decided by a Delaware court, which in January 2021 will begin substantive litigation on Tiffany's lawsuit against LVMH for enforcement of the merger agreement. 
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