Tiffany Confirms Receipt of Unsolicited, Non-Binding Proposal from LVMH

NEW YORK, NY (October 28, 2019) -- Tiffany & Co. (NYSE:TIF) today confirmed it has received an unsolicited, non-binding proposal from LVMH Moet Hennessy – Louis Vuitton to acquire Tiffany for $120 per share in cash.