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LVMH to Buy Tiffany & Co. for $16.2 Billion

French luxury conglomerate LVMH announced Monday that it's adding another gem to its crown: American jeweler Tiffany & Co. The conglomerate, which owns Louis Vuitton, Celine and Givenchy, sealed the deal with Tiffany to the tune of $16.2 billion, or $135 per share in cash, according to a ...

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