Tiffany would make a nice holiday gift for LVMH. Image credit: Tiffany & Co.
Luxury Daily's live news from Nov. 6:
Tiffany board tells LVMH to up $14.5B acquisition offer: Reuters
Tiffany’s board of directors decided that LVMH’s $120-per-share, all-cash offer was too low to start negotiations, sources told Reuters.