Tiffany agrees to revised terms on LVMH takeover deal

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TIFFANY & CO has agreed to be acquired by LVMH for a reduced price of $15.8 billion. / AP FILE PHOTO/MICHEL EULER
NEW YORK (AP) – The largest deal in luxury is back on after New York's famed jeweler Tiffany agreed to a slightly reduced offering price from from LVMH in Paris. LVMH will now pay $131.50 for each Tiffany share putting the total price tag at $15.8 billion, down from the $16.2 billion that was first…

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