Monday, June 25, 2007

Tiffany shares jump on takeover speculation

(Reuters) - Renewed chatter is that "LVMH is interested in acquiring Tiffany," said Paul Foster, options strategist at theflyonthewall.com, a Web site that tracks daily equity option and stock movement.




French-based LVMH Moet Hennessy Louis Vuitton , which sells luxury brands Fendi, TAG Heuer and Chaumet, has been mentioned as a possible buyer in earlier reports.


Read more at Reuters.com Hot Stocks News

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