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4min chapter
LVMH, Tiffany and a case of buyer’s remorse
Behind the Money
LVMH vs Tiffany: Material Adverse Effect Clause Dispute
This chapter delves into the legal battle between LVMH and Tiffany over their merger agreement, specifically focusing on the material adverse effect clause. LVMH argues that Tiffany's mismanagement during the pandemic justifies walking away from the deal, while Tiffany contends that LVMH should honor the agreement.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode