What Does LVMH Get From Buying Tiffany for $16.2 Billion?

It’s engagement season, even for brands—after a month of negotiations, fashion conglomerate LVMH announced on Monday that it officially acquired storied jewelry label Tiffany & Co.The $16.2 billion deal makes Tiffany the most expensive property LVMH has purchased in its 32 year history. It’s also a nice holiday bonus for the jeweler, which was first listed as $14.5 billion when negotiations were announced in October. A press release notes that boards of directors for b